Welcoming Sara to our Wills and LPA Team!

Wadsworths are excited to announce the arrival of new solicitor Sara Atkinson!

Sara is a Law and Business graduate who qualified as a Solicitor in 2007, having gained her Legal Practice Certificate from the College of Law in Birmingham.

She has experience in several areas of law including Family, Employment and Private Client matters and has worked for firms ranging in size from sole practitioners to large regional law firms, holding positions ranging from Assistant Solicitor to Partner level.

She has several, specialist years of Private Client experience including drafting Wills, Lasting Powers of Attorney and Trust Deeds together with full Intestacy and Estate Administration services.

Sara is joining us in our Wills and LPAs department alongside Director Mike Wadsworth, Laura Bates and Kelsi Jones.

Welcome to the Wadsworths Team Sara!

Who would manage your business if you suddenly couldn’t!?

Have you EVER considered what would happen to your business if you were suddenly unable to manage it yourself? WHO would be legally entitled and able to manage the day to day running of your business should you lose mental capacity?

Business Lasting Powers of Attorney (LPAs) allow the donor (the business owner) to appoint a suitable attorney to make decisions concerning their business interests when they’re unavailable OR lack mental capacity to manage it.

If there is no business LPA in place, you may be putting your business at risk. Just as a few examples:

…..If one of your bank account signatories lacks capacity, the bank could potentially freeze the account to protect the now vulnerable adult…and if there is an overdraft attached to your business, the possibility of the bank freezing the account is higher!

…..Any contracts entered into by a person who had capacity, but now lacks capacity, may become unenforceable owing to their incapacity.

…..Paying creditors, employees or tax becomes difficult as does running the business generally with a businessperson who now lacks capacity.

…..Investors may require their investments to be returned.

By appointing a business LPA attorney, these issues may not arise and you can be reassured you are doing your utmost to safeguard your business.

If you lost the ability to manage your business without a business LPA in place, an application would need to be made to the Court of Protection to have a deputy appointed. This might take months (or even longer!), during which time the business is exposed to uncertainty of survival. Also bear in mind the person chosen to manage your business will be picked by the Courts and might not be the person you’d ideally want managing your affairs……

Michael Wadsworth is a Director of Wadsworths and head of our Wills and LPA Department. With over 16 years of experience in this field and thousands of happy clients, Michael is able to advise on the best way forward to protect your business and personal affairs and get an LPA in place.

To make an appointment or to speak with a member of the team, please call 0121 745 8550 or email michael.wadsworth@wadsworthslaw.co.uk.

New Director for Wadsworths!

We are delighted to announce that Michael Wadsworth has joined the Wadsworths Board of Directors, alongside John Wadsworth and Alexandra Tait.

Michael, known as Mike, joined the firm in 2002 and now heads up Wadsworths’ Wills and Lasting Power of Attorney Department.

Mike’s promotion to Director comes ahead of what promises to be an exciting time for us as we continue to expand to meet demand. We have recently welcomed a new member of the Commercial Litigation Department and taken on a trainee Commercial Property Solicitor.

Mike said: “I’m very happy to step up to this role at what is proving to be a positive time for the firm. Together with my co-directors and dedicated team, I’m looking forward to continuing to build on the success we’ve had over the last 32 years.”

John Wadsworth, Managing Director, said: “Alexandra and I are thrilled to have Mike joining us on the Board of Directors. In recent years the firm has gone from strength to strength. Enhancing our directorship with the skills and knowledge Mike can bring will only continue to increase our success.”

Mike has assisted thousands of satisfied clients throughout his time at Wadsworths Solicitors, helping to build our reputation as reliably serving the legal needs of the community.