What would happen to your business if you were mentally incapable of managing it yourself, either through ill health, an unfortunate accident or the onset of dementia? In these circumstances, if you have not appointed someone as your attorney to deal with your business, then it could be left to an inexperienced family member to make decisions, and could lead to a leadership battle within the business. Without a Business LPA in place, someone wishing to assist you with your business would have to apply to the Court of Protection to become your Deputy. This, as with any court application, can be protracted and costly. Meanwhile, your business affairs will be frozen whilst the application is being processed. This could cause significant problems to both the reputation and financial position of your business.
We have prepared a straightforward questionnaire to enable you to provide us with some of your details. We can then incorporate this information into our plans and thus save time for you when we meet.