Tag: business continuity

Press Release
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Sep 28, 2016

West Hartford, Connecticut, September 28, 2016 (Newswire.com)
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Following the popularity and industry acceptance of Jack Veale’s Sudden Death Checklist, Mr. Veale and his team have worked to produce an even more comprehensive edition of this industry-leading, end of life and business succession workbook.

The workbook, at first glance, is daunting. It is comprised of a full, 126 loose leaf pages that the purchaser puts into a binder so that essential documents and notes can be added easily within the pages. However, on closer inspection, the reader comes to the understanding that the number of pages in The Sudden Death checklist are necessary in order to provide a comprehensive checklist that covers an array of individual, family, and corporate scenarios.

It is my hope that business owners and their families will, with the help of their financial advisors, make use of this checklist to ease the burden of making difficult – and possibly rash – decisions during a time of understandable, emotional upheaval in their lives.

Jack Veale, Author of The Sudden Death Checklist

It is important to note at this point, that The Sudden Death Checklist has been specifically designed to be completed with the participation of a spouse and family along with guidance from an individual’s financial advisor. The inclusion of the professional financial advisor within the process – in the opinion of this writer – is wise, as it gives some unbiased input and a stabilizing force to otherwise emotional topics.

Diving deeper into the end of life planner that is The Sudden Death Checklist we find the following features:

·         Clear Instructions – Directions given for the effective use of the checklist are concise and well written.

·         Comprehensive Checklists – The author has obviously drawn from years of experience in dealing with various family and business transition situations following the death of a business leader.

·         Compelling Topics – The Sudden Death Checklist deals with everything from funeral planning and wills to company structure, governing issues, insurance considerations, and the plan for smooth transition to new business leadership.

·         Common Sense Organization – The inclusion of space for necessary records such as computer passwords, credit cards, phone contacts, and healthcare proxy demonstrates that The Sudden Death Checklist has been thoroughly researched and meticulously planned with real people in mind.

·         Caring Touches – Throughout the workbook are found phone numbers of support groups that can help with the emotional fallout of a sudden death and contact information for government agencies and organizations that will have to, by law, be contacted in the event of the business owner’s sudden death. This kind inclusion saves the family the time and energy of digging up that required contact information.

Also in this Expanded Third Edition of the Sudden Death Checklist:

·         More cross-references and a fuller index for easy navigation

·         A more enhanced Trustee/Executor checklist

·         A checklist for instructions concerning everything from social media accounts to distribution of heirlooms after the funeral of the business owner.

In speaking with Jack Veale, author of The Sudden Death Checklist, this writer was interested to discover that two other editions of The Sudden Death Checklist are currently in the works to address those who play specific roles.  They are The Executor Checklist and The Trustee Checklist and are set to be released in late 2016.

When questioned about his goals for The Sudden Death Checklist, Jack Veale said, “It is my hope that business owners and their families will, with the help of their financial advisors, make use of this checklist to ease the burden of making difficult – and possibly rash – decisions during a time of understandable, emotional upheaval in their lives. I have seen too many families and companies go through struggles that could have been avoided if the business owner had simply gone through such a checklist and made thorough end of life and business transition plans.”

About Jack Veale:

Jack Veale, CMC, is an internationally recognized consultant, who advises closely held, family-owned companies, including ESOPs, on business succession, ownership strategy, and leadership development. Over the last 25 plus years, Jack has assisted hundreds of companies in many industries and countries, offering solutions covering strategic planning, succession planning, corporate governance, team training and crisis management.

Jack has authored or co-authored a number of books, including: “Creating Strategic Innovation,” “Don’t Do That!” and “Sudden Death Checklist for Business Owners and Their Families/Employees.”

 

Contact:

To learn more about The Sudden Death Checklist and Jack Veale go to suddendeathchecklist.com

Source: PTCFO, Inc