(a)
(b)
(1) The Veterans Services Officer has determined that it would be in the best interests of the beneficiary to appoint a legal custodian.
(2) The proposed legal custodian is qualified to administer the benefits payable and will agree to:
(i) Apply the benefits paid for the best interests of the beneficiary,
(ii) Invest surplus funds as provided by Department of Veterans Affairs regulations,
(iii) Furnish, upon request, evidence of compliance with agreement as to usage and investment of Department of Veterans Affairs benefits, and
(iv) Inform the Veterans Services Officer of any change in the beneficiary's estate or any other circumstances that might affect entitlement or the manner in which payments are to be made.