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 …
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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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 …