A continuity plan is simply putting in a "safety net" for your clients, your family, and yourself. This agreement would allow us to step in as your client's new advisors in case of emergency. Whether it was death or disability, the triggering event would allow us to compensate you or your loved ones. A continuity plan is typically the beginning of a larger transition, whether an acquisition, succession, or merger, and is put in place before moving onto a more formal transition.