Document background
The Family Loan Agreement serves as a formal documentation of financial arrangements between family members under Swiss law. It is particularly useful when family members wish to structure personal loans with clear terms while maintaining legal compliance and protecting all parties' interests. The document incorporates relevant provisions from Swiss legislation, including the Code of Obligations (OR) and Civil Code (ZGB), and can be used for various purposes such as property purchase, business investment, or personal financial support. The agreement helps prevent future misunderstandings by clearly outlining loan terms, repayment schedules, interest provisions, and default consequences, while considering the unique dynamics of family relationships. It's especially relevant in Switzerland's context of wealth management and family wealth transfer planning.
