Lasting Power of Attorney
A Lasting Power of Attorney (LPA) allows you to appoint a person you trust to manage your affairs should you no longer be able to do so yourself.
Without an LPA, should you become incapacitated the only way that a person can manage your affairs for you is to apply to the Court of Protection.
This can cost up to £2,000 and take up to 10 months.
Contact us to discuss how PA Associates can help you with an LPA.
The key services we offer in the area of Business Protection / Succession Planning are the provision of Business Lasting Powers of Attorney and Business Wills
Financial continuity is one of the key elements in business planning, and is valid whether you are a Sole Trader, Partner, or Company Director.
The main objective is to ensure the efficient running of the business in the event of any disruption which could happen if you became incapable of running, or making decisions about your business.
A Lasting Power of Attorney is a necessity for all business owners – see our Business Lasting Powers of Attorney page for more details.
Whether you are a Sole Proprietor, in Partnership or a Shareholding Director of a Ltd Company, dying without a Will can have a devastating effect on the future success of a business resulting in substantial problems not only for the members of the business but also their families.
A Will is an essential requirement for business owners and the best options vary depending on your business type. Take a look at our Business Wills page here.
To discuss the best options on Business Lasting Powers of Attorney and Business Wills for you and your Business, request a free call back at a convenient time for you.