What are the Receivers duties?
• (a) Income The Receiver’s principal duties are to safeguard the client’s assets and to ensure that his day to day financial needs are met. This involves managing a Receiver’s bank account, into which all the client’s income is paid and from which all his bills must be settled. The Receiver must ensure that all State Benefits are claimed. The Receiver must also arrange for the client’s income tax affairs to be kept up to date, and should make tax returns if appropriate. He may employ an accountant if necessary and pay his fees from the client’s income. The Receiver must submit an annual account to the Court of Protection giving details of all monies belonging to the client that have passed through his hands, and submitting a projection of the next year’s budget. • (b) Capital (i) Property If the client is a property owner the Receiver must ensure the property is kept in good repair and all the outgoings are paid. If the property is tenanted the Receiver will be authorised by the Court
