When appointed as a deputy for property and finances, the deputy has a range of responsibilities that they must fulfil in order to act in the best interests of the person they are representing. These responsibilities include:

1. Managing finances: The deputy is responsible for managing the person’s finances, which includes paying bills, managing bank accounts, investing funds, and ensuring that the person’s financial affairs are in order.
2. Making decisions: The deputy must make decisions on behalf of the person in relation to their finances and property, taking into account the person’s wishes, beliefs, and values. The deputy must act in the person’s best interests and ensure that any decisions made are in line with the principles of the Mental Capacity Act 2005.
3. Keeping records: The deputy must keep accurate and up-to-date records of all financial transactions and decisions made on behalf of the person. This includes keeping receipts, invoices, bank statements, and other financial documents.
4. Reporting to the Office of the Public Guardian (OPG): The deputy must submit an annual report to the OPG, which provides details of all financial transactions and decisions made on behalf of the person. The report must be reviewed by a solicitor or other professional, and any discrepancies or concerns must be addressed.
5. Consulting with others: The deputy should consult with the person’s family, friends, and carers to ensure that decisions made are in line with the person’s wishes and preferences.
6. Seeking professional advice: The deputy should seek professional advice when needed, such as from a solicitor or accountant, to ensure that they are fulfilling their responsibilities effectively.