Baldwins Lawyers and Consultants

BALDWINS

Australian Lawyers & Consultants

Business Succession Planning Issues

This form is a framework for discussion of your needs with us. We can help plan a transition for your business to the next phase of its development. We can also develop several risk management strategies covering potential liability risks in the process. Please complete and forward the following form to:

Mr J. Lederman
Baldwins, Lawyers and Consultants
Level 6, 313 LaTrobe St
Melbourne
Victoria 3000

Phone: (+6 13) 9606 0022
Fax: (+6 13) 9606 0882
Email: mail@baldwins.com.au

1. Trigger Events (circle applicable options):

Death

Permanent Disability

Trauma (e.g. Heart attack)

Retirement

Matrimonial

2. Preferred Options on Separation (circle applicable options):

Sale of the business in total

Franchising the business

Buy out by remaining principal/s

Family succession

New equity partner

Public float

Partition of assets in specie

3. Existing Insurances (circle applicable options):

Professional Indemnity insurances

Life and Disability insurances

Property insurances

Other insurances

4. Loan Accounts and repayments:

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5. Releases and Indemnities for Outgoing Partner:

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6. Outgoing Partner reserves right to join in litigation against third parties (e.g. Tax Dispute):

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7. Professional Indemnity Insurances

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8. Restrictive Covenants on Outgoing Partner:

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