Document background
The Family Partnership Agreement is a crucial document for Swiss families seeking to establish a formal structure for collective ownership and management of family assets, businesses, or investments. This agreement is particularly relevant when families wish to preserve wealth across generations, maintain family unity in business decisions, and establish clear governance structures. Under Swiss law, the document combines elements of partnership law (Code of Obligations) and family law (Civil Code) to create a robust framework that addresses both business and family aspects. The agreement typically includes detailed provisions for capital contributions, profit sharing, management rights, transfer restrictions, and succession planning, while ensuring compliance with Swiss legal requirements regarding partnerships and family property. A Family Partnership Agreement is especially useful for families with significant assets, multiple business interests, or complex investment portfolios who want to ensure smooth transition between generations while maintaining family control and values.
