Power of Attorney Lawyers in St Helens
A Power of Attorney is where one person (the donor) allows somebody else to make decisions on their behalf, and this intention must be recorded in a legal document.
A Power of Attorney is frequently used where the donor is suffering from illness or disability and is unable to make these decisions or sign the documents themselves.
If you own a business and are concerned about what may happen if you are unable to make business decisions because of illness or incapacity, it’s a good idea to secure a Power of Attorney. They can only be made whilst the donor still has mental capacity to do so, and it’s therefore advisable to be proactive and plan ahead.
Having a Power of Attorney will ensure that your business will be able to continue running in the event of illness, as decisions in the best interests of your business will be able to be made by others to whom you have conferred that authority. This will save a lot of time and costs, as well as ensuring the continued commercial success of the business.
If you would like to find out more about Power of Attorney call our expert legal team on 01744 744400, fill out our contact form below or contact our key person: