Advice appreciated please.
My siblings and I have a financial LPA which has been registered with mums bank. Up till now we only use to move money from her current account to her savings ( to protect it from scams) and for very occasional purchases. The only record we keep is a copy of the bank statement and I write on it if we have bought something but don't attach receipts etc. My sister does her food shopping each week and just asks mum for the cash but that is becoming a problem as mum is convinced she is actually giving her pocket money and is getting angry!
I want to start repaying my sister for the shopping by bank transfers but am not sure about keeping an account - I trust my sister implicitly but she tends to add mums stuff onto her weekly on line delivery so there is not a seperate receipt. Will it be sufficient for her just to write out a receipt to cover the weekly shop? She does not have time to go to the shops just for mum and I have mobility problems and cannot go.
We do have our own debit cards for mums account which my sister could use once she stops working in September and will be able to shop. To use it now, she would have to pay a delivery charge to get a seperate order just for mums card - obviously at the moment it all goes on her card and she gets free delivery.
Am I over thinking things, as I don't know if we need to record what we spend from mums account anyway through the LPA, does the OPG audit them? I know if there is a deputy ship that things are more stringent.
To summarise ( as I do rabbit on!) are handwritten "receipts" acceptable and if not, how do other people keep the accounts?
My sister is being made redundant and has decided not to look for another job as she wants to become mums carer for about 20 hours a week, we have agreed to pay her £10 an hour for this ( with delight as it will solve all our concerns for mum) which again I'll need to keep a record of.
I'm not sure how I took on the role of book keeper, I don't remember volunteering!
Thanks in advance.
My siblings and I have a financial LPA which has been registered with mums bank. Up till now we only use to move money from her current account to her savings ( to protect it from scams) and for very occasional purchases. The only record we keep is a copy of the bank statement and I write on it if we have bought something but don't attach receipts etc. My sister does her food shopping each week and just asks mum for the cash but that is becoming a problem as mum is convinced she is actually giving her pocket money and is getting angry!
I want to start repaying my sister for the shopping by bank transfers but am not sure about keeping an account - I trust my sister implicitly but she tends to add mums stuff onto her weekly on line delivery so there is not a seperate receipt. Will it be sufficient for her just to write out a receipt to cover the weekly shop? She does not have time to go to the shops just for mum and I have mobility problems and cannot go.
We do have our own debit cards for mums account which my sister could use once she stops working in September and will be able to shop. To use it now, she would have to pay a delivery charge to get a seperate order just for mums card - obviously at the moment it all goes on her card and she gets free delivery.
Am I over thinking things, as I don't know if we need to record what we spend from mums account anyway through the LPA, does the OPG audit them? I know if there is a deputy ship that things are more stringent.
To summarise ( as I do rabbit on!) are handwritten "receipts" acceptable and if not, how do other people keep the accounts?
My sister is being made redundant and has decided not to look for another job as she wants to become mums carer for about 20 hours a week, we have agreed to pay her £10 an hour for this ( with delight as it will solve all our concerns for mum) which again I'll need to keep a record of.
I'm not sure how I took on the role of book keeper, I don't remember volunteering!
Thanks in advance.