Understanding lasting power of attorney - thinking about who will look after your money if you cannot
What does a lasting power of attorney involve and who should have one?
Thinking about what happens to our money and property when we die is bad enough. Contemplating the consequences of not being able to make decisions for ourselves is somehow worse. But it's important that you draw up a document that will set out who should make decisions about your money if you become mentally incapable of doing this yourself. If you don't, you won't have a say in who takes over your finances should you lose mental capacity.
If you want to donate money using a charity giving website, what should you look for?
If you want to give money to charity, there are many different ways of doing so. One of the more popular ways is to sponsor someone for a fundraising event and that often means using a charity fundraising website, but you can also donate directly to the charity. There are a number of different websites you can use, but recently, a website called charitygiving.co.uk has been shut down over fears that £250,000 of donations has gone missing. So what should you look for?
Some time ago I wrote an article trying to help the millions of UK tax payers who had received an unexpected tax demand from HM Revenue and Customs. Two years later and it seems that not paying the correct tax is still a huge problem, with over five million receiving a letter from HMRC in the next few days to this effect. Of those, over two million have not paid enough tax and will be receiving a tax demand from HMRC.