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Aston Lawyer
Aston Lawyer, Solicitor
Category: Law
Satisfied Customers: 10459
Experience:  Solicitor LLB (Hons) 23 years of experience in Conveyancing and Property Law
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Can an attorney (under EPA Act) use the EPA donor's funds to

Resolved Question:

Can an attorney (under EPA Act) use the EPA donor's funds to make an investment in their own name?
Submitted: 2 years ago.
Category: Law
Expert:  Aston Lawyer replied 2 years ago.
Hello and thanks for using Just Answer.
My name is ***** ***** am happy to assist you with your enquiry.
As an Attorney under an EPA, their duties and responsibilities include:
• always act in the best interests of the Donor and consider
their needs and wishes as far as possible;
• not take advantage of the Donor’s position to gain any
benefit for themselves;
• keep the Donor’s money and property separate from their
own and other people’s.
Therefore, in answer to your question, no investment is permitted to be made in the Attorney's own name, and all of the Donor's monies should remain in the Donor's name.
I hope this assists and sets out the legal position to you.
Kind Regards
AL
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