A Business Lasting Power of Attorney is a legal document that allows you to appoint a trusted person to manage your business affairs if you are unable to do so. This is particularly important if you are a sole trader, a business partner, or a company director.

Unexpected situations can arise at any time. You may be unavailable due to travel, illness, or an accident, or you may lose mental capacity temporarily or permanently. Without proper arrangements in place, your business could face disruption, delays, or financial loss.

By putting a Business Lasting Power of Attorney in place, you ensure that someone is lawfully authorised to make decisions on your behalf when required. This may include managing day-to-day operations, dealing with contracts, handling banking matters, and making urgent business decisions.

A Business Lasting Power of Attorney is an essential part of effective business risk management. Appointing a business attorney in advance helps protect the continuity and stability of your business and ensures it is prepared to withstand unexpected challenges.

I can assist you in preparing a Business Lasting Power of Attorney tailored to your business structure and needs, giving you confidence that your business interests are protected, even in difficult times.