Zarządca sukcesyjny

English translation: succession manager

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Polish term or phrase:Zarządca sukcesyjny
English translation:succession manager
Entered by: Frank Szmulowicz, Ph. D.

10:43 Mar 2, 2021
Polish to English translations [PRO]
Law/Patents - Law (general)
Polish term or phrase: Zarządca sukcesyjny
Wpis w CEIDG
Anna Gredecka (X)
Poland
Local time: 08:56
succession manager
Explanation:
Zarządca sukcesyjny – nowa instytucja
w polskim prawie spadkowym
Succession Manager – a New Institution in the Polish Law of Succession

Abstract: From 1 January 2018 a new institution – succession management – is due to enter Polish inheritance law. Th e draft Act on succession management of 14 July 2017, addressing the enterprise of
a natural person, meets the expectations of many business owners who have problems planning succession. Th e death of an entrepreneur under present legal conditions results in a number of complications,
particularly in the areas of civil law and taxation. Th ere are no current regulations allowing a smooth
takeover of the economic activity by the heirs. Succession, oft en long-term, especially in the case of
disputes between successors, creates a period of uncertainty as to the legal existence of an operating entity. Social needs in this area are therefore essential. Th e succession manager is responsible for managing
the deceased entrepreneur’s assets to bring about a collision-free succession. Th e law regulates the rules
governing the appointment and dismissal of the succession manager and the scope of his authority in
the management of the enterprise. Th e introduction of such regulations into Polish law should be fully
appreciated.
Keywords: succession manager, succession management, inheritance management
Słowa kluczowe: zarządca sukcesyjny, zarząd sukcesyjny, zarząd spadkiem

http://bsp.uwb.edu.pl/wp-content/uploads/2018/04/BSP-22-4-Bo...
ccccccccccccccccccccccccc

The new regulation will introduce the possibility for entrepreneurs to set up the so-called succession manager who will be able to deal with running a business after the entrepreneur's death and prepare the business to be inherited by the heirs of such entrepreneur.

https://www.interregeurope.eu/stobregions/news/news-article/...
Selected response from:

Frank Szmulowicz, Ph. D.
United States
Local time: 02:56
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1succession manager
Frank Szmulowicz, Ph. D.
2successor administrator/manager
geopiet


Discussion entries: 2





  

Answers


39 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
successor administrator/manager


Explanation:
.

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Note added at 46 mins (2021-03-02 11:30:40 GMT)
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Succession management of a natural person’s enterprise in Poland. Outline of the regulation

Zarząd sukcesyjny przedsiębiorstwem osoby fizycznej w Polsce. Zarys regulacji

- https://repozytorium.uni.wroc.pl/Content/107058/04_01_R_Blic...

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Successional management of an individual enterprise - an important act for family businesses! - https://www.dudkowiak.com/blog/successional-management-of-an...

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The legal act, which came in to effect last Sunday, allows an entrepreneur to appoint a succession manager who will take over the business after their death. The manager may also be appointed by their spouse or heirs. The successor manager will administer the company until all inheritance procedures are completed and the family decides whether they want to continue the business. The management will not last longer than two years (five years in special cases). - https://www.zalewskiconsulting.pl/new-company-succession-law...

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successor administrator may be appointed by the entrepreneur himself or may be appointed by authorized persons after the entrepreneur's death. It can be one of the family members or someone outside of the family. The deadline for appointing an administrator is 2 months from the day of the entrepreneur's death. The succession board may last a maximum of two years from the day of the owner's death. In exceptional cases, the court may extend this time to 5 years - https://www.interregeurope.eu/fileadmin/user_upload/tx_tevpr...



geopiet
Native speaker of: Native in PolishPolish
PRO pts in category: 460
Login to enter a peer comment (or grade)

2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
succession manager


Explanation:
Zarządca sukcesyjny – nowa instytucja
w polskim prawie spadkowym
Succession Manager – a New Institution in the Polish Law of Succession

Abstract: From 1 January 2018 a new institution – succession management – is due to enter Polish inheritance law. Th e draft Act on succession management of 14 July 2017, addressing the enterprise of
a natural person, meets the expectations of many business owners who have problems planning succession. Th e death of an entrepreneur under present legal conditions results in a number of complications,
particularly in the areas of civil law and taxation. Th ere are no current regulations allowing a smooth
takeover of the economic activity by the heirs. Succession, oft en long-term, especially in the case of
disputes between successors, creates a period of uncertainty as to the legal existence of an operating entity. Social needs in this area are therefore essential. Th e succession manager is responsible for managing
the deceased entrepreneur’s assets to bring about a collision-free succession. Th e law regulates the rules
governing the appointment and dismissal of the succession manager and the scope of his authority in
the management of the enterprise. Th e introduction of such regulations into Polish law should be fully
appreciated.
Keywords: succession manager, succession management, inheritance management
Słowa kluczowe: zarządca sukcesyjny, zarząd sukcesyjny, zarząd spadkiem

http://bsp.uwb.edu.pl/wp-content/uploads/2018/04/BSP-22-4-Bo...
ccccccccccccccccccccccccc

The new regulation will introduce the possibility for entrepreneurs to set up the so-called succession manager who will be able to deal with running a business after the entrepreneur's death and prepare the business to be inherited by the heirs of such entrepreneur.

https://www.interregeurope.eu/stobregions/news/news-article/...

Frank Szmulowicz, Ph. D.
United States
Local time: 02:56
Works in field
Native speaker of: Native in EnglishEnglish, Native in PolishPolish
PRO pts in category: 1246

Peer comments on this answer (and responses from the answerer)
agree  Magdalena Kardys
19 hrs
  -> Dziękuję Magdaleno.
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