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10:43 Mar 2, 2021 |
Polish to English translations [PRO] Law/Patents - Law (general) | |||||||
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| Selected response from: Frank Szmulowicz, Ph. D. United States Local time: 07:19 | ||||||
Grading comment
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Summary of answers provided | ||||
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3 +1 | succession manager |
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2 | successor administrator/manager |
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Discussion entries: 2 | |
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successor administrator/manager Explanation: . -------------------------------------------------- Note added at 46 mins (2021-03-02 11:30:40 GMT) -------------------------------------------------- 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... -- Successional management of an individual enterprise - an important act for family businesses! - https://www.dudkowiak.com/blog/successional-management-of-an... -- 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... -- 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... |
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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/... |
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