A Lasting Power of Attorney (LPA) for business affairs is a legal document that allows an individual to appoint someone they trust to make decisions about their business and financial affairs in the event that they are no longer able to make these decisions for themselves due to mental or physical incapacity. The LPA gives the attorney the power to manage the individual’s business, make financial decisions, and handle their financial affairs.

The LPA for business affairs is a useful tool for business owners, entrepreneurs, and executives who want to ensure that their business continues to operate and be managed in their best interests if they become incapacitated. This type of LPA can cover a wide range of business-related matters, including signing contracts, making financial decisions, and managing day-to-day operations.

In addition to drafting the document, our services also include registering the document with the Office of the Public Guardian (OPG). This involves submitting the LPA form and any relevant supporting documentation to the OPG for official registration. Our team will handle all aspects of the registration process, including responding to any inquiries or objections from the OPG, to ensure a smooth and efficient process.

The registration process is an important step in ensuring that the LPA for business affairs is legally valid and can be used if needed. The OPG carries out a series of checks to ensure that the individual who made the LPA was of sound mind and understood what they were doing.

In conclusion, a lasting power of attorney for business affairs is an important aspect of estate planning for business owners, entrepreneurs, and executives who want to ensure that their business continues to operate and be managed in their best interests if they become incapacitated.