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Mutually Irrevocable Wills and Why You Should Never do Them – Edward Rees and Claire Vale
Mirror wills allow for updates and amendments, which better reflects how lives can change....
Business Lasting Powers of Attorney.
Protecting your business interests are paramount and you may feel you have taken all necessary steps to ensure its smooth running on a day-to-day basis.
But are you sure you haven’t missed something?
Everything may run like clockwork while you are around but what happens if suddenly you are not? Will the business still function efficiently? Indeed, will it still function at all?
And crucially, will those taking up the reins be able to do so by having access to the areas of the business that may previously have been denied them?
What is a Business Lasting Power of Attorney?
Problems affecting mental capacity can happen at any time and it’s important to have a plan in place to ensure your business affairs are looked after in accordance with your wishes should the need arise.
A Lasting Power of Attorney (LPA) will ensure your chosen party or parties can step in to deal with your affairs in the short or long term if you are suddenly and without warning struck down by something like a stroke, brain injury, Alzheimer’s, dementia or Parkinson’s.
There may be other occasions where an LPA will be of benefit – a short-term illness or injury where you may be physically incapable of attending an appointment or are abroad on holiday or business.
Planning for the future needs of a business is something those in charge think about on a regular basis and have structures in place to see the company is always operating at optimum efficiency – but they don’t always think about the incapacity of ill health and this can lead to problems.
Our Business Lasting Power of Attorney Expertise
The specialist team at Lanyon Bowdler is ready to help and advise you on all aspects of drafting a Lasting Power of Attorney which will ensure the day-to-day business of your company can continue efficiently without you, should the worst happen.
Podcast - Future Planning For Business Partnerships
In this episode you’ll hear from Emma Deering and Jennifer Edwards who are discussing succession planning for businesses, particularly partnerships. They offer insight and explain about wills, partnership agreements and Lasting Powers of Attorney (LPA).
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Since dealing with Lanyon Bowdler they have been diligent, efficient and at all times very helpful along with being structured in dealing with matters, fees and clarity on all levels. Thank you.
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I was clearly informed of progress step by step. The service you provided was very good.
Peter Weston
Shrewsbury
All work carried out effectively and efficiently.
Hubert Jones
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I felt safe that Lanyon Bowdler understood both my concerns and requirements. I would use again and recommend.
Anonymous
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An excellent service with solicitors that you can talk to and who give you a clear understanding of all necessary legal implications and interpretations.
Eric
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From start to finish we had excellent service. Friendly, approachable and professional.
Carl Gittins
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Very clear, concise advice and guidance, easy to understand.
Ian Jamieson
Telford
Good service provided throughout with clear communication throughout with all options explored.
Lee
I can thoroughly recommend the highly professional and supportive service received over the last few months.
Heather
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Lisa Thacker
Professional and prompt communication. Supportive and client focused.
Lisa Thacker
Jennifer M Whittall Ltd
Whenever I have had need to contact Lanyon Bowdler I have always received a fast, concise and friendly response.
Lee Mortimer
UK Case Management
Definitely would use Lanyon Bowdler again if I need the use of a solicitor.
Mark Bowkett
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Smooth and efficient service from very professional firm.
Tim
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We were particularly impressed with the quality of work, the speed and excellent communication.
Allenby Douglas Ltd
Oswestry
Very friendly and approachable. Very good advice
Ivor Brown
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Very professional and approachable. I was updated as to progress regularly. The final costs reflected good value for the service provided.
David Fedrick
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Great Service; Lanyon Bowdler were excellent from the outset. Straightforward and easy process. I just sat back and waited.
Paul Rowe
via ReviewSolicitors
Everything has been professional, efficient and courteous throughout and we are very pleased, both with the service and with the eventual outcome of our case. Everything was first class and exceeded our expectations. Thank you again for providing such splendid service. It is really appreciated.
Mr N J & Dr S J Browne
Llanfyllin
Who can I Appoint as my Attorney?
Many people think a business colleague or spouse will automatically be able to take over should you suddenly become incapable of administering your affairs, but that isn’t the case and if you haven’t appointed an attorney, the disruption to a business may be substantial.
It may not be possible to access bank accounts to pay wages or authorise insurance renewals, potentially affecting the day-to-day running of the business severely.
You can choose whoever you wish to be your attorney, provided they are over 18 but it’s important to think carefully about who you appoint. It needs to be someone you trust to make these important decisions for you and is capable of carrying them out.
Your attorney must be reliable and have the skills to fulfil the role. You can choose more than one attorney if you wish. We are happy to guide you through the process.
How can Lanyon Bowdler Solicitors Help?
We have many years experience in drafting such documents giving you the peace of mind in knowing that everything is taken care of and you can get on with what’s important – running your business.
Taking out an LPA is something many people don’t think about or leave until it may be too late and are overtaken by events. But it’s important to consider the implications while you are still able.
Call the team today or use the online contact form and we will get in touch with you directly.
Lanyon Bowdler have established offices with expert teams of solicitors in Shrewsbury, Bromyard, Hereford, Ludlow, Oswestry, Telford, and Conwy in North Wales.
We are one of the most recognised law firms in Shropshire, Herefordshire, Mid and North Wales, Birmingham and the Midlands. We are able to offer a wide range of pricing options including fixed fees and service level guarantees.
As a leading law firm, we regularly act for clients to arrange lasting power of attorney for businesses. We can represent you wherever you live in England or Wales.
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Podcast
Podcast
Should I be a Trustee for a Trust? – Edward Rees and Aimee Johnson
Edward & Aimee discuss the various types of trusts, pointing out what you'd potentially be responsible for as a trustee....
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Financial Abuse by Attorneys – Edward Rees and Claire Vale
Attorneys manage the estate of a donor whilst they're still alive and Claire is seeing an increase in financial abuse wh...
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I Just Want a Simple Will! – Emma Deering and Sioned Williams
People often contact us saying "I just need a simple will!" But often it turns out not to be the case. ...
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Neil and Edward Rip Into & Expose the New Powers of Attorney Act
Edward and Neil are reunited (and it feels so good)! They rip into the Powers of Attorney Act 2023, and manage to find p...
Podcast
Understanding The Probate Pathway – Edward Rees and Aimee Johnson
Aimee and Edward discuss the probate process and the administration of someone's estate after death....
Blog
Private Client – Myth-busting
In many cases, clients have preconceived ideas about the law. This is especially the case when it comes to planning...
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Life as a Trainee Solicitor in Private Clie...
Before joining the private client department, I had never really thought that private client would be an area that ...
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