Skip to content

Business Lasting Powers of Attorney

Request a Callback Vincents Solicitors
DD slash MM slash YYYY

Please press submit to tell us that you’re happy for us to contact you. We will only use the information you give us to contact you.
Home > Wills, Trusts and Probate > Business Lasting Powers of Attorney
Clear Advice Feels Better

Why do I need a Business Lasting Power of Attorney?

If you run your own business, it is vital you have contingencies in place should the worst happen. A Business Lasting Power of Attorney ensures you have the best protection available for the continuity of your business if your capacity to run it is diminished, whether through illness or accident, for short or long term.

What does a Business Lasting Power of Attorney do?

You can appoint an Attorney or Attorneys to take over the running of your business and make decisions whilst you are incapacitated, ensuring that your business can carry on as routinely as possible during your absence.

What happens when a Business Lasting Power is in place?

With a Business LPA in place, your attorney can safeguard your business by making sure bills are paid, creditors’ debt is recoverable, and the day-to-day running of the business is not affected by your temporary or permanent circumstances.

How can Vincents help?

We can advise you of the best way to construct the Lasting Power of Attorney application to the Office of the public guardian. Additionally, we can help you identify who would be the best attorney for your business and its ongoing success.

Your business attorney may be a family member, a professional executive, or even a company. Your business attorney will take your place in running your business for as long as you are unable to.

With our wealth of experience in this area, we can talk you through the practicalities of your decision so that who you appoint is right for you, your company, and its future.

You can also find out more about Health & Welfare and Property and Finances LPAs here

What can happen if I don’t have a Business LPA?

Having a Lasting Power of Attorney in place is a vital requirement for any business owner, as it means your attorneys have clear instructions on how you manage your day-to-day as well as any long-term decisions that need to be made.

If you do not make a Lasting Power of Attorney and become unable to manage your affairs, then in the short to medium term there will be nobody with the authorisation to pay your bills or to manage your business finances. Inevitably, your company may suffer, which can have a devastating effect on your individual and family wealth, as well as the wealth of any business partners or fellow board members. We can help you avoid these detrimental pitfalls by making sure you and your business are sufficiently prepared for whatever the future may hold.

Please send your enquiry online by filling in the form at the top of this page or call us on 01772 555176 and ask to speak to a member of our Lasting Powers of Attorney team.

Meet our team of experts

Wills, Probate and Trusts

Lisa Lodge

Call today 01772 34 89 09 Email lisalodge@vslaw.co.uk

Lisa Lodge is Director of Private Client Services at Vincents Solicitors and she also runs our Garstang office. Lisa is a member of Vincents Management Board.

With over 20 years of experience, Lisa deals with Estate planning and Wills.

Read Lisa’s full biography here.

Wills, Trusts and Probate

Sean Aldridge

Call today 01772 555 176 Email seanaldridge@vslaw.co.uk

Sean is a Senior Associate in our Private Client team, specialising in Wills, Estate Planning, Estate Administration, and Elderly Client Services.

Read Seans full Biography here

Wills, Probate and Trusts

David Hinchliffe

Call today 01253 77 33 77 Email davidhinchliffe@vslaw.co.uk

David is a Senior Solicitor at Vincents Lytham office. David has 37 years of experience helping his clients with their Wills, Lasting Powers of Attorney, Trusts and Probate. Additionally, he also provides his clients with residential property services.

Read David’s full biography here.

Wills, Trusts and Probate

Patricia Prescott

Call today 01772 34 89 22 Email patriciaprescott@vslaw.co.uk

Patricia joined Vincents Solicitors in 2022 as a Senior Solicitor in the Trusts & Estates department. She is based in Lytham and deals with all aspects of private client matters including Wills, Probate, Inheritance Tax, Estate Planning, Trusts, Lasting Powers of Attorney, Court of Protection and Elderly Client Issues.

Read Patricia’s full bio here.

Wills, Trusts and Probate

Chris Mathews

Call today 01772 34 89 17 Email chrismathews@vslaw.co.uk

An established Probate Practitioner based at Mary E Lowe at Vincents Solicitors in Lytham, Chris has worked in the Preston and Fylde area as a Solicitor since 1980. Throughout this time, he has assisted many clients with the preparation of Wills, Lasting Powers of Attorney and Estate Administration.

Read Chris’ full biog here.

 

Wills, Trusts and Probate

Sarah McCarthy.

Call today 01253 773377 Email sarahmccarthy@vslaw.co.uk

Sarah is a Senior Solicitor and specialises in Family and Divorce as well as Wills, Trusts and Probate, enabling her to offer comprehensive advice to her clients. She is based at Vincents Lytham Park Street office. Read more

Court of Protection

Nicola Hayes

Call today 01772 555 176 Email nicolahayes@vslaw.co.uk

 Nicola qualified as a Solicitor in 2002, after gaining experience in Family, Probate and Personal Injury Law.  She then went on to practice Defendant Personal Injury, defending fraudulent and suspected fraudulent insurance claims.

Wills, Trusts and Probate

Deeana Coker

Call today 01772 555 176 Email deeanacoker@vslaw.co.uk

Deeana joined Vincents as a Conveyancing Assistant in the Commercial Property department. With over five years of legal experience working in both Commercial and Residential property, she deals with a range of complex property transactions from instruction to completion.

Read Deeana’s bio here

Childcare

Beth Laws

Call today 01772 348947 Email bethlaws@vslaw.co.uk

Beth Laws is a Paralegal within the Family team at Vincents.

Read Beth’s full bio here.

Wills, Trusts and Probate

Joanne Vickers

Call today 01772 280323 Email joannevickers@vslaw.co.uk

Joanne Vickers is a Paralegal in the Private Client department at Vincents Lytham office. She has 25 years of experience working in Private Client services, taking on her Paralegal role in 2013.

Joanne helps her clients with preparation of Wills, Lasting Powers of Attorney and Probate matters. She also deals with attorneyship matters.

Read Joanne’s full bio here.

Wills, Trusts and Probate

Amy Whiteside

Call today 01772 2348905 Email amywhiteside@vslaw.co.uk

Amy started her career with Vincents at Knott End in 2014.   Over the past nine years Amy has gained experience in Conveyancing, preparing Wills & LPA’s and administrating estates.

Read Amy’s full bio here.

Lisa Lodge, Vincents Solicitors
Wills, Probate and Trusts Lisa Lodge
Sean Aldridge, Vincents Solicitors
Wills, Trusts and Probate Sean Aldridge
David Hinchliffe, Vincents Solicitors
Wills, Probate and Trusts David Hinchliffe
Patricia Prescott, Vincents Solicitors
Wills, Trusts and Probate Patricia Prescott
Chris Mathews, Vincents Solicitors
Wills, Trusts and Probate Chris Mathews
Sarah McCarthy, Wills, Trusts and Probate
Wills, Trusts and Probate Sarah McCarthy.
Nicola Hayes, Vincents Solicitors
Court of Protection Nicola Hayes
Deeana Coker, Vincents Solicitors
Wills, Trusts and Probate Deeana Coker
Beth Laws, Vincents Solicitors
Childcare Beth Laws
Joanne Vickers, Vincents Solicitors
Wills, Trusts and Probate Joanne Vickers
Amy Whiteside, Vincents Solicitors
Wills, Trusts and Probate Amy Whiteside
Clear Advice Feels Better

Frequently asked questions

Yes you can pursue a claim for any loss of earnings you have suffered so long as you are able to prove that it was necessary for you to be absent from work and you are able to support by way of evidence such as payslips how much money you have lost. Vincents Solicitors will be able to advise you about this as part of the claims process.
You need to speak to a firm who has experts in dealing with whatever particular problem that you have whether that be Divorce, Writing your will, Conveyancing or something more specialist like Medical Negligence Misdiagnosis Claims or Trade Marks and Patents. At Vincents we have specialists across 7 locations who are approachable, knowledgeable and speak in plain english. Try and call us today and find out if we are the right fit for you.
If the person who has died has not left a valid Will, this is referred to as dying intestate.
This is the general term for a Grant of Probate or Grant of Letters of Administration, as there are also other forms of Grants which can be obtained in various situations. Our team can advise and assist with obtaining the relevant documents.
This is a general term used for Executors and Administrators, they are responsible for ensuring all aspects of the estate are administered correctly. Our dedicated Probate Team can assist Personal Representatives and act on their behalf to ensure their role is fulfilled correctly.
A Lasting Power of Attorney sets out who will manage your affairs if you lose capacity through illness or injury. Consider all the things which will need doing.

Client Reviews

Our Private Client Testimonials

Client Testimonial

Perfect Experience

Our experience was just perfect.  A good listener, knows her products well, willing to advise, confident yet modest.  An asset to the team.

 

R & K Wilson, Garstang Garstang office Private Client
Welfare Benefit Review Success

Clear Advice Feels Better

After reviewing one of our Court of Protection clients welfare benefit payments we have secured a back dated payment of £22,000 from Aug 2021, monthly income from £0 – £1,502.  Together with a previously secured ESA payment of £16,901.30 our client has  received a total of £39.216.30 which he did not realise he was entitled to without the support of his Deputy Oliver Banks and his amazing team.

Review provided by Abigail Cuffe, Garstang office Private Client
Private Client testimonial

Commended for their expertise

I initially spoke to Mary in Garstang Office to enquire about setting up a Power of Attorney, Mary was polite and explained in detail what was required.

I next spoke to Lisa who gathered all of the personal information required to draw up the POA and this was followed up by a home visit from Mary for my part to be signed.  This was very much appreciated as a disabled, elderly person.

 

These two young ladies are to be commended for their expertise and the respect shown to me.

 

M T Gregor, Garstang Garstang office Private Client