Business Continuity, Business Wills & Commercial LPAs

In short — Continuity and succession planning — including business wills and commercial LPAs — keeps your business running if a key person dies, loses capacity or falls seriously ill.

Many businesses rely heavily on directors, shareholders or owners to make day-to-day decisions. If a key person dies, loses mental capacity or becomes seriously ill, the business can quickly face operational and financial difficulties. Continuity ensures the business can keep going, and succession ensures someone can step into their shoes. Without proper arrangements, the business may be left with no authorised person to access accounts, pay staff or make key decisions — and may face lengthy court applications.

We can help you with:

• A clear framework for decision-making, access to bank accounts and continuity of management during unexpected events
• Commercial lasting powers of attorney, so trusted individuals can keep managing business affairs if an owner or director loses capacity
• Business wills, so your company and business assets pass on according to your wishes — including appointing an executor who understands the business
• Wider planning such as shareholder or partnership succession, buy-out arrangements, cross-option agreements and insurance, reviewed regularly to stay up to date

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