Creating a Lasting Power of Attorney (LPA) in the UK is crucial for ensuring that your affairs are handled according to your wishes if you lose the capacity to make decisions for yourself. Here are the key reasons why making an LPA is essential: 1. Control Over Your Future Decisions An LPA gives you…
Being a sole trader, or running a small firm is a risky business. There isn’t an experienced management team capable of taking the reins should you become ill or die. Meaning 53% of businesses cease trading in under a year if the worst happens. To help, TM Law’s Terry Maylin explains the importance of business…
We explain how this legally binding document can help you stay in control of your life and the decisions you make now and into the future. There comes a time when most of us want to begin planning for our future and that means we need to draw up, what’s known in legal terms as,…
Every day we make decisions about our lives. The ability to make these decisions is called mental capacity. Often this mental capacity is something we take for granted. Assuming it will always be there, of if it does diminish that the process will be slow and gradual. This is the reason many of us put…