Use a lasting power of attorney
Property and financial affairs attorneys
As a property and financial affairs attorney, you make (or help the donor make) decisions about things like:
- money, tax and bills
- bank and building society accounts
- property and investments
- pensions and benefits
You can start making decisions while the donor still has mental capacity if both:
- the lasting power of attorney (LPA) says you can
- the donor gives you permission
Otherwise, you can only start making decisions when they do not have mental capacity.
You can use the donor바카라 사이트™s money to look after their home and buy anything they need day to day (for example, food).
Discuss decisions that affect the donor바카라 사이트™s living arrangements, medical care or daily routine with their health and welfare attorney, if they have one.
Example
If you decide to sell the donor바카라 사이트™s home, discuss where the donor will live with their health and welfare attorney.
Looking after money and property
You must keep the donor바카라 사이트™s finances separate from your own, unless you바카라 사이트™ve already got something in both of your names like a joint bank account or you own a home together.
Managing the donor바카라 사이트™s money and accounts
Banks and other organisations (such as utility companies and pension providers) will ask for proof that you are an attorney. Use your lasting power of attorney to prove you can act for the donor.
You may need to prove other details, such as:
- your name, address and date of birth
- the donor바카라 사이트™s name or address
You might also need to provide other information, such as an account number.
Spending money on gifts or donations
Unless the LPA states otherwise, you can spend money on:
- gifts to a donor바카라 사이트™s friend, family member or acquaintance on occasions when you would normally give gifts (such as birthdays or anniversaries)
- donations to a charity that the donor would not object to, for example a charity they바카라 사이트™ve donated to before
You must apply to the Court of Protection for any other type of gift or donation, even if the donor has given them before. These include:
- paying someone바카라 사이트™s school or university fees
- letting someone live in the donor바카라 사이트™s property without paying market rent (anything they pay below market rent counts as a gift)
- interest-free loans
You must check that the donor can afford the gift or donation, even if they바카라 사이트™ve spent money on these types of things before. For example, you cannot donate their money if that would mean they could not afford their care costs.
Read the guidance for more information on giving gifts or donations.
Buying and selling property
You바카라 사이트™ll need to get legal advice if:
- the sale is below the market value
- you want to buy the property yourself
- you바카라 사이트™re giving it to someone else
Making a will
You can apply for a statutory will if the donor needs to make a will but cannot do it themselves.
You cannot change a donor바카라 사이트™s will.
You can be ordered to repay the donor바카라 사이트™s money if you misuse it or make decisions to benefit yourself.