Commercial Lasting Powers of Attorney

Commercial Lasting Powers of Attorney

Changes in legislation regulating company directors mean that if they lose mental capacity they may not be removed as directors. Such directors, shareholders and even sole traders can choose who runs their companies in the event that they can’t by making a Commercial Lasting Power of Attorney.

A Lasting Power of Attorney allows individuals to appoint others, known as their Attorneys, to deal with their personal and/or business affairs if and when they are unable to do this themselves.

Contact Simply Wills for details on making and registering Commercial and Personal Lasting Powers of Attorney.

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