If you run a business or hold a directorship in a business, you need a Will and a Business LPA.
If you run a business or hold a directorship in a business, you need a Will and a Business LPA because recent changes in legislation and case law mean it is now almost impossible to remove a Company Director who has lost mental capacity.
Given the potential risk to Directors and their families from being sued by Co-directors and Shareholders for having not made sufficient provision, it is now vital that everyone who runs a business has a LPA dealing specifically with their business affairs.
Although the legislation covers specifically Company Directors, should a case come before the courts concerning either a Sole Trader or a Partnership, then the courts are likely to apply the same principles.
Our trained Consultants can assist you in determining the potential risk to your business and advising on the requirements under the new legislation to protect your interests and your business:
Protect your business today.
To arrange an appointment with one of our highly-trained consultants, please contact us today.
Copyright © 2023 ActiveWills Limited. All Rights Reserved.