People tend to think about Powers of Attorney in terms of possible future incapacity through an illness like dementia. But the risks to your future business decision-making ability are actually much broader.

An awful thought.
But of course your loved ones will step in?

Running a business is hectic and demanding. So while you probably don’t want to think about it, the risk of incapacity after a car accident, for example, or a serious stress-related health problem is ever-present.

If you as a business owner suddenly lost the capacity to make those important decisions,  it’s not hard to imagine the catastrophic impact it would have.


A Business Lasting Power of Attorney takes all this uncertainty away

Depending on whether your business basis is sole trader, partnership or limited company, a Business Lasting Power of Attorney may or not be appropriate. We’ll be pleased to advise you about your individual position.

Someone you nominate will then be legally empowered to act as your attorney (they don’t have to be a lawyer in the US sense of that word). Your attorney could be your spouse, partner, business associate, child over 18 or any other trusted person.


Crucially, your attorney will be able to take over the running of the business immediately

They’re free to go into your business and act for you the moment you become incapacitated. There’s no need to apply to the Court, no associated applications costs and no extra stress for you or your family at a difficult time.


Creating a Business Lasting Power of Attorney is usually a simple matter

And with that peace-of-mind box ‘ticked’, you can get on with running your business and enjoying the family income it provides.


You can also nominate trusted others to take your personal decisions if you can’t

Separate from your business affairs, you can also use Lasting Powers of Attorney to make sure the right people are able to take decisions for you with regard to your own finances and your health & wellbeing. More about that here.     


Book your free
initial chat today.


And start to feel sure about tomorrow.
Call Andy Pearson

07967 426546

or click here to arrange a time for me
to contact you


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Dynamic Estate Planning Ltd

is an Affiliate of the Society of Will Writers and its Managing Director, Andrew Pearson is a Full member of the Society of Trust and Estate Practitioners. Andrew holds the STEP Diploma in Will Preparation - England and Wales

Dynamic Estate Planning Limited

16 Dimple Park Egerton Bolton BL7 9QE