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The Law Society - Conveyancing

31

Oct

2019

New Office of the Public Guardian Advice Available for Deputies and Attorneys Investing on behalf of Donor

New OPG Guidance for Investment on behalf of a Donor

The OPG guidance issued on 8th May 2019 which is aimed at lay attorneys and deputies.  The guidance very clearly lays out basic information relating to the duties and obligations of deputies/attorneys when looking to invest on behalf of a Donor under an LPA or Deputyship order:

https://www.gov.uk/guidance/investing-for-someone-as-their-attorney-or-deputy

One example of the advice given is to only invest in institutions whose accounts are covered by the FSCS scheme.

Please contact our team of specialist lawyers if you wish to discuss any aspect of Lasting Powers of Attorneys or Deputyship applications.

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