Business Lasting Powers of Attorney

/Business Lasting Powers of Attorney
Business Lasting Powers of Attorney 2017-09-21T12:48:40+00:00

Corporate Power of Attorney

Shareholder-agreements-300x155 Business Lasting Powers of AttorneyWho would look after your business if you were unable to? Continuity is one of the key elements for any business to survive and thrive. Business owners must carefully consider Lasting Powers of Attorney (LPA).

Do you need a Business Power of Attorney agreement?

Most business owners do not think about what would happen to their business if they became incapable of running it or who would make important day-to-day business decisions if they were unable to.

If you were to become incapacitated, the Court of Protection would consider you to be vulnerable and would have a duty to inform all financial institutions to freeze your personal and business bank accounts and other assets.

Without a Lasting Power of Attorney (LPA), an application would have to be made to the Court of Protection in order for someone to be appointed as your deputy. This process usually takes many months and with high fees and costs, the consequences for your business could be catastrophic.

If orders need to be fulfilled, bills and wages paid, having someone that has the authority to deal with these matters is essential.

We understand that for most clients who run their own businesses, it is inextricably linked to the interests and welfare of their family. It is advisable that the creation of a Business LPA should be done as part of a wider estate & legacy planning process.

We want our clients to have the certainty that their business and personal interests are protected and will provide a full Estate & Legacy Planning Review at our expense.

The Financial Conduct Authority does not regulate will writing or legal services advice.

Our Barrister Intermediaries have successfully completed examinations and are registered with and accredited to the Legal Services Guild.

Let us contact you

What our clients are saying about us

I have been giving my legacy planning some careful thought for many years and been offered various pointers and advice during that time. Nobody however, was able to support me clearly, given the regular changes in law and my specific requirements. From day one, Diane was very diligent, clear and open to questions & so I felt immediately confident that I would use True Bearing Legal Services.

I cannot thank her enough for helping me to fulfil my lifelong dream and I hope she is recognised for her hard work and contribution. Heartfelt, genuine thanks from me and all my family.

Sadhna Bharat, Runcorn

Diane has treated me as an individual and took the time to listen carefully to my goals and often raised questions for me to consider that I hadn’t necessarily covered. My whole family is now engaged and informed of my legacy planning because of her attitude and approach. She has been thoroughly supportive and was free to advise me at any stage throughout the past few months.

Whilst I respect the professional work that True Bearing do, it is Diane that I fully bought-in to, she has given me the confidence to bring my wishes to fruition and I would recommend her services in a heartbeat.

Sadhna Bharat, Runcorn

I sought True Bearing legal services to set up legacy plans following a devastating critical illness diagnosis to my Wife. Part way through the legacy planning process, my wife passed away unexpectedly. The support and help I received from True Bearing Legal Services, and in particular from Diane Bush was invaluable. I was able to contact her anytime during difficult times when I was either at hospital, out of hours or via email with my queries and concerns about what was happening.

I highly recommend True Bearing and Diane Bush for helping to arrange legacy planning no matter what your circumstances are, and encourage people to make plans as life can change unexpectedly. Once it’s all set up correctly, the feeling of security and peace of mind is very reassuring.

IM, Shropshire

Our barrister intermediary team

Take the right direction for Financial Advice
Call us on: 01257 260011, email: enquiries@truebearing.co.uk or click below to send an enquiry

Send message