DRAFTING BUSINESS LASTING POWERS OF ATTORNEY

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Speaker(s): Craig Ward
CPD Time: 1 hour
Duration: 1 hour
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DRAFTING BUSINESS LASTING POWERS OF ATTORNEY

Business lasting powers of attorney (BLPA) allow business owners to protect their business. Without a BLPA their business is at risk. If they subsequently lacked mental capacity and did not have a BLPA, the bank could freeze their account, contracts or services might go unfulfilled, the business community would think twice about doing business with them. If they were a sole trader it could put them out of business. This talk will cover:

  • Why create a business lasting power of attorney
  • Donor’s sufficient business understanding
  • Choosing a business attorney
  • Drafting a business lasting power of attorney
  • Client advice on choosing the appropriate business LPA clause

The Much Hon. Craig Ward of Lundie, Solicitor and Partner at Craybeck Law LLP, MSc BA(Hons) TEP MBPsS CertCouns

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