You may think that if you become unavailable to run your own business for a short or longer term, then your family and/or friends have an automatic legal right to act upon your behalf in relation to your business. They do NOT. Likewise, business partners and employees do not automatically have this right unless there …
Ignore Lasting Power of Attorney at yours and your Family’s Peril
What is Lasting Power of Attorney (LPA)? Power of Attorney, or Lasting Power of Attorney (LPA) as it is better known, is an official safety net whereby you can officially nominate, in advance, your choice of a person or people who may legally act upon your behalf either if you subsequently cease to be capable …
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Business Power of Attorney TRF Wills – Wolverhampton Office
TRF Wills are delighted to announce that we now have a full-time consultant covering Wolverhampton and its surrounding geographical areas. Therefore, if this is where you are based and you require a business-related Lasting Power of Attorney (LPA), then we shall be happy to help you. Business Lasting Power of Attorney (LPA) A business Lasting …
Business Power of Attorney TRF Wills – Wolverhampton OfficeRead More
Power of Attorney – Wolverhampton
Power of Attorney – Wolverhampton, TRF Wills. A Lasting Power of Attorney (LPA) is a legal document, which once registered with a court, enables a person or people of your choice to make decisions on your behalf as your “attorney(s)”. They are then able to make decisions legally, as if they are you, if you …
Enduring Power of Attorney (EPA) v Lasting Power of Attorney (LPA)
You may have an Enduring Power of Attorney (EPA) in which you have appointed people you know and trust, or a professional, to act as your attorney(s). This may be to help you manage your affairs now or limited to allow your attorneys to make decisions for you in future if you lose the mental …
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Appointing Attorneys
When creating Lasting Powers of Attorney (LPA) via a local and professional Will Writer, the people you choose to act on your behalf are called your ‘Attorneys’. You must choose at least one Attorney, but there is no maximum number. However, too many attorneys could cause problems, especially if they are appointed “Jointly” as outlined …
Local Lasting Power of Attorney (LPA) in Devon & Wolverhampton
A Lasting Power of Attorney (LPA) is a legal document, which once registered with a court, enables a person or people of your choice to make decisions on your behalf as your “attorney(s)”. They are then able to make decisions legally as if they are you should you ever lose your ability to make your …
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Lasting Power of Attorney (LPA) – Act Before it is Too Late
If a person fails to arrange Lasting Power of Attorney (LPA) before they lose their mental capacity, they are then ensuring that a close family member, friend and/or business partner of theirs has no choice but to apply to a court for retrospective limited permission to make decisions upon their behalf. This is expensive and …
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Myths Related to Lasting Power of Attorney (LPA)
There are various common misconceptions about why Lasting Power of Attorney (LPA) may not be necessary. “I don’t Need LPA because my Next of Kin can make Important Decisions on my Behalf” Myth! Nobody can act or make decisions on your behalf if they have not been legally authorised to do so via the Office …
General Power of Attorney
So how does a General Power of Attorney help? Well in the wake of the Coronavirus pandemic, many people are understandably motivated to have documents that allow someone else to make decisions on their behalf, as well as manage their financial affairs. Vulnerable people would be well-advised to officially have another person or people able …
Business Power of Attorney
You may think that friends or family have an automatic legal right to act upon your behalf in relation to your business, but they do NOT. Likewise, business partners do not automatically have this right unless there is a legally valid partnership agreement in place which confirms that your business partners can legally act upon …
Power of Attorney for Business Purposes
A business Lasting Power of Attorney (LPA) specifically differs from a personal LPA. It will be tailored according to your business, and considers its Articles of Association, Shareholder agreement or Partnership agreement. A business Lasting Power of Attorney (LPA) specifically differs from a personal LPA. It will be tailored according to your business,LPA in place …