As An Attorney Or Deputy Can I Make A Gift On Behalf Of The Person?
What is a gift?
As a deputy or attorney, a gift-giving is not just:
Using the person’s money to buy something for someone else (including you) on a birthday or other ‘customary occasion’.
Giving the person’s money or possessions to another person
Gift-giving in includes:
Donations to charities
Paying someone’s school or university fees.
Living rent free or at a ‘friends and family’ rate in a property belonging to the person.
Selling the person’s home to someone at less than market value
Creating a trust for someone from the person’s property
Giving someone an interest-free loan from the person’s funds (the ‘lost’ interest counts as a gift)
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