A Business Lasting Power of Attorney is a legal document to appoint a business attorney if you are you a sole trader, in a business partnership or a company director.
How do you deal with urgent matters when you are on holiday? What might happen to your business if you lose mental capacity?
If you are unable to make decisions due to lack of mental capacity, having someone lawfully appointed to step in on your behalf is fundamental to the continuity of your business. Thus, making a business lasting power of attorney is a fundamental aspect of the risk management strategy of your business. By appointing a business attorney now you are taking those essential steps to safeguard your business and your business will be well prepared for difficult times which may be lying ahead.