Lasting Powers of Attorney are related to allow you to select a person or people to deal with matters in the event that you are unable to deal with health or financial affairs for yourself.
Often, a person would select family members to act as Attorney. However, when it comes to your business, do these family members have the knowledge of what I involved to continue your business? How would your business carry on if you were incapacitated? Would you want it to carry on and if not, how would it be closed and who would manage the whole process.
Business interruption plans are in place for so many companies. However, the vast majority have a standard document potentially prepared by a third party company. Visiting this documentation and discussing the not being able to continue your business yourself is essential.
This is a specialist area of law and only a handful of law firms out there are able to offer this specialist service. We are one of them.
If you would like us to review your business, interruption plan and discuss how you can protect your business and your loved ones, please b for a consultation.