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The business had been sending out letters to clients who had fallen behind with their repayments. The letters threatened to take legal action versus customers and charges were included to customers' accounts for the cost of sending out the letters.
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Stephensons is among the couple of lawyers in the nation to operate a Trust Corporation. With many firms of solicitors when someone appoints solicitors as executors of their estate in their Will it will in fact be the specific partners in the company. That indicates that the administrator will be a person in the company who unfortunately could die themselves or end up being ill or move on to another firm, all of which suggests that extra expenses might be incurred by the estate in designating another executor.
Clearly the business can never die, end up being ill or move on, so it suggests that there is more consistency and less risk. The actual legal work is still undertaken by the solicitors in the company to the very same high requirement. Typically if lawyers are going to be appointed by the Court of Protection to serve as a paralyzed individual's deputy the appointment will be of an individual solicitor at the company.
At Stephensons when applying to end up being an incapacitated individual's deputy we apply as Stephensons Trust Corporation. This is a business which can not die, get ill or move on. The consultation of a trust company has a big advantage over people in offering consistency and eliminating the threat of something taking place to the deputy.
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