Practice Contingency Plan

Description

For sole practitioners or practice managers of small practices, sudden illness or death is unthinkable, but not planning for it is irresponsible. While a will protects your personal assets, it does nothing to manage your professional responsibilities. 

This is where your Practice Contingency Plan (PCP) comes in—it may be the single most important document you’ll create for the well-being of your clients.

Think of it not as planning for an end, but as an act of professional care and integrity. A PCP is a clear, compassionate roadmap that guides a trusted colleague or your executor to seamlessly manage your practice according to your exact wishes.

With a robust PCP, you ensure:

• Client Welfare: Your clients are notified sensitively and confidentially, ensuring they are not abandoned and are guided to continued care without unnecessary trauma.
• Protection of Your Legacy: Your professional reputation is preserved through a dignified and ethically sound wind-down process.
• Peace of Mind for Loved Ones: You lift an unimaginable burden from your family’s shoulders, sparing them from having to make impossible decisions about a world they don’t understand.
• Ethical & Legal Compliance: You fulfill your highest ethical duty by proactively safeguarding client confidentiality and ensuring all professional obligations are met.

Our service guides you step-by-step in creating a comprehensive plan that includes:

• Appointment of a trusted Professional Nominee.
• Secure details for all client records, storage, and passwords.
• Sensitive, pre-drafted protocols for client notification.
• A complete checklist of organizations to contact (insurers, boards, etc.).

Investing in a Practice Contingency Plan isn’t about fearing the worst—it’s about embodying the highest standard of professional responsibility, from your first session to your last.

Jurisdiction: Australia (all States and Territories) (Not suitable for use outside Australia).

Note: This product is not a Will, neither is it a power of attorney or a business continuity plan. It is intended for uses where the practice will be wound up once the clients have been referred on. If you have a business partner or intend for your practice to trade after you are no longer able to practice, this product will not be suitable for you.

Who Can Use It?

This product is suitable for any sole or small practice practitioner.

What Is Included?

This Product is a digital download. Purchase provides access to:

• Single editable word document (.docx format) with a range of optional clauses; and,
• Draft letter to your proposed Nominated Person.

How Do I Use it?

How Long Will I Have Access For?

GST