Power of Attorney for Business

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A Power of Attorney (LPA) for business affairs is a legal document that allows an individual to appoint someone they trust to make decisions about their business and financial affairs in the event that they are no longer able to make these decisions for themselves due to mental or physical incapacity. The LPA gives the attorney the power to manage the individual's business, make financial decisions, and handle their financial affairs.

The LPA for business affairs is a useful tool for business owners, entrepreneurs, and executives who want to ensure that their business continues to operate and be managed in their best interests if they become incapacitated. This type of LPA can cover a wide range of business-related matters, including signing contracts, making financial decisions, and managing day-to-day operations.

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Key benefits of Estate Planning

Protect Beneficiaries

Provide financial security for loved ones

Reduce Taxes

Minimise inheritance and capital gains taxes

Prepare for Incapacity

Ensure decisions are made by trusted people

Avoid Probate

Streamline the transfer of assets to heirs

Control Asset Distribution

Decide who inherits what and when

Protect Your Assets

Safeguard wealth for future generations

Plan for Care Costs

Protect assets from care home fees

Preserve Family Wealth

Prevent wealth from being eroded over time

Gain Peace of Mind

Reduce family disputes and secure your wishes

Estate planning ensures your assets are protected, your wishes are honoured, and your loved ones are cared for.

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