Business succession · Module 20
And if something
happens to you?
A succession takes time – but an emergency comes without warning.
The gap
Who decides tomorrow?
Dropping outno one is authorised
Accounts & decisionsblocked
The companyloses quickly
Precaution 1
Powers of attorney & mandate
Powers of attorneyfor bank and business
Advance directivefor the company too
Able to actstay so
Precaution 2
Agreement among partners
Several ownersagreement is a must
Death/exitclearly settled
Strange heirsavoid them
Precaution 3
The right insurance
Key personinsure them
Liquiditywhen it counts
Familyprotect financially
Good to know
Is your firm emergency-proof?
💡 First step: An emergency strikes without warning – with powers of attorney, an advance care directive, a shareholders' agreement and the right insurance, your company stays able to act and your family protected.
Beratung anfragenThis video is no substitute for personal advice.
Baeriswyl Beratungen GmbH · Finance & pension planning · Fribourg