Business LPA
What Is a Business Lasting Power of Attorney?
A Business Lasting Power of Attorney is a legal document that allows you to appoint one or more trusted individuals to make business-related decisions if you lose the mental capacity to do so yourself or are otherwise unable to act.
While many business owners have personal arrangements in place, a Business LPA focuses specifically on decisions relating to your company, helping reduce disruption and providing continuity when it's needed most.
Why Consider a Business LPA?
Unexpected illness or incapacity can affect anyone. Without appropriate planning, important business decisions could be delayed, potentially affecting your employees, customers and the day-to-day running of your business.
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Help maintain business continuity
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Appoint someone you trust
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Reduce disruption to your business
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Protect your employees and customers
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Support succession planning
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Provide peace of mind
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Plan ahead for the unexpected
How we can help
We'll explain how a Business Lasting Power of Attorney works, discuss your business structure and help you understand how it can fit into your wider business and estate planning.
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Business Lasting Power of Attorney advice
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Business continuity planning
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Estate planning for business owners
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Guidance tailored to your business
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Clear, jargon-free advice
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Personalised planning
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Ongoing support as your business grows
Why Choose The Finance Family?
As a business owner, you've worked hard to build your business. We understand the importance of protecting everything you've achieved. Our experienced advisers provide practical, straightforward advice to help you prepare for the unexpected and keep your business protected.
We'll take the time to understand your business, explain your options clearly and help you put the right arrangements in place.
Frequently Asked Questions
What is a Business Lasting Power of Attorney?
A Business Lasting Power of Attorney is a legal document that allows you to appoint someone to make business-related decisions on your behalf if you're unable to do so yourself.
Do I still need a Business LPA if I have a personal Lasting Power of Attorney?
A personal Lasting Power of Attorney usually relates to your personal finances and welfare. Many business owners choose to have a separate Business LPA to deal specifically with business decisions, particularly where there are business partners, employees or company assets involved.
Who should have a Business Lasting Power of Attorney?
A Business LPA can be beneficial for sole traders, company directors, business partners and anyone responsible for making key business decisions. It helps ensure someone you trust can act if you're unable to do so.
Get in Touch
Please contact us for an initial enquiry or a full comprehensive financial review. Complete the form and we will be in touch soon.
1st Floor Office
The House On The Green
High Street
Wombourne
WV5 9DP
Suite 5, Pioneer House
Mill Street,
Cannock
WS11 0DW
