Lasting Powers of Attorney For Business Owners
A lasting power of attorney (LPA) is a special type of power that enables a person of your choice to make decisions on your behalf, if you’re ever unable to do so yourself. We believe that almost everybody should consider putting one in place, giving you and your family peace of mind for the future. Without proper planning, it’s left to the state (via the Court of Protection) to make these decisions, rather than those who know you best.
If you manage a business, having an LPA in place is even more crucial. If you were suddenly unable to make commercial decisions and manage the operations of your company, what would happen? Having a business LPA in place will ensure that your business is automatically left in safe hands, avoiding months of court delays at an already difficult time.
Preparing for the future is key to a successful business. For peace of mind for both your company, talk to our Wills, Probate & Life Planning experts in Buckinghamshire today.
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Usman Khan is the acting head of our Wills, Probate & Life Planning team.
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