Mum's in a home permanently now and my brothers and I are looking after her finances.
We've kept a spreadsheet of what we're spending on her behalf (home, genuine care costs, etc) but can I ask how detailed does it have to be? Do we, for example, have to keep receipts for absolutely everything?
Which kind of brings on the next question. Who will want to see these accounts (either now or in the future when she might drop below the 23 threshold) and what will they expect to see?
We're thinking about gifts also; I've read that birthday/xmas gifts are allowed for so there's no problem there, but Mum also used to give us money gifts when we visited so can we continue this practice as there's no proof that this happened in the past.
Any help appreciated! Thank you!
We've kept a spreadsheet of what we're spending on her behalf (home, genuine care costs, etc) but can I ask how detailed does it have to be? Do we, for example, have to keep receipts for absolutely everything?
Which kind of brings on the next question. Who will want to see these accounts (either now or in the future when she might drop below the 23 threshold) and what will they expect to see?
We're thinking about gifts also; I've read that birthday/xmas gifts are allowed for so there's no problem there, but Mum also used to give us money gifts when we visited so can we continue this practice as there's no proof that this happened in the past.
Any help appreciated! Thank you!