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Lifetime Partnership Agreement
"I need a Lifetime Partnership Agreement to be drafted by March 2025 that covers my international business interests across Switzerland and Germany, with particular emphasis on joint property ownership and succession planning for my tech company."
1. Parties: Identification and details of the partners entering into the agreement
2. Background: Context of the partnership and purpose of entering into this agreement
3. Definitions: Key terms used throughout the agreement
4. Nature of Partnership: Declaration of partnership status and mutual commitments
5. Rights and Obligations: Core mutual rights and responsibilities of the partners
6. Financial Arrangements: Management of joint finances, expenses, and financial responsibilities
7. Property Rights: Ownership and management of joint and individual property
8. Residence Arrangements: Terms regarding shared residence and housing arrangements
9. Healthcare and Medical Decisions: Authority for medical decisions and healthcare responsibilities
10. Inheritance Provisions: Succession planning and inheritance arrangements
11. Dissolution and Termination: Conditions and procedures for ending the partnership
12. Dispute Resolution: Process for resolving disagreements between partners
13. Governing Law: Confirmation of Swiss law application and jurisdiction
14. General Provisions: Miscellaneous legal provisions including amendments and notices
1. Children and Dependents: Provisions regarding existing or future children, used when either partner has or plans to have children
2. Business Interests: Handling of business assets and operations, included when partners have business involvement
3. International Assets: Management of international property and assets, needed for partners with foreign holdings
4. Power of Attorney: Mutual powers of attorney for specific matters, optional based on partners' needs
5. Religious Observances: Provisions for religious or cultural practices, included when relevant to the partners
6. Pets and Animals: Care and responsibility for pets, included when partners have or plan to have pets
7. Digital Assets: Management of digital assets and online accounts, relevant for partners with significant digital presence
8. Intellectual Property: Handling of intellectual property rights, needed when partners have IP assets
1. Schedule A - Asset Inventory: Detailed list of individual and joint assets at time of agreement
2. Schedule B - Financial Obligations: List of existing financial commitments and responsibilities
3. Schedule C - Property Details: Specific information about real estate and property ownership
4. Schedule D - Healthcare Directives: Detailed healthcare preferences and instructions
5. Schedule E - Contact Information: List of important contacts including doctors, lawyers, and family members
6. Appendix 1 - Financial Statements: Current financial statements of both partners
7. Appendix 2 - Legal Documents: Copies of relevant legal documents including wills and powers of attorney
8. Appendix 3 - Property Certificates: Copies of property ownership certificates and related documents
Authors
Partners
Partnership
Effective Date
Joint Property
Separate Property
Partnership Assets
Partnership Residence
Financial Obligations
Healthcare Decisions
Medical Representative
Power of Attorney
Incapacity
Force Majeure
Dissolution
Inheritance Rights
Beneficiaries
Common Expenses
Individual Expenses
Emergency Contact
Digital Assets
Business Interests
Intellectual Property Rights
Shared Responsibilities
Personal Effects
Joint Financial Accounts
Living Expenses
Material Change
Dispute
Mediation
Arbitration
Governing Law
Jurisdiction
Confidential Information
Notice
Amendment
Termination Event
Healthcare Directive
Property Rights
Financial Year
Third Party
Working Day
Cantonal Authority
Swiss Law
Joint Decision
Financial Arrangements
Property Rights
Healthcare and Medical Decisions
Power of Attorney
Residence Rights
Asset Management
Inheritance Rights
Confidentiality
Dispute Resolution
Termination
Force Majeure
Amendments
Governing Law
Jurisdiction
Notice Requirements
Digital Assets
Joint Decision Making
Financial Reporting
Tax Obligations
Business Interests
Intellectual Property
Insurance
Personal Effects
Living Arrangements
Emergency Provisions
Third Party Rights
Severability
Entire Agreement
Interpretation
Assignment
Survival
Representatives and Notifications
Legal Compliance
Partnership Status
Religious Observance
Children and Dependents
Pet Care
End of Life Arrangements
Legal Services
Financial Services
Wealth Management
Real Estate
Healthcare
Insurance
Family Office Services
Private Banking
Estate Planning
Professional Services
Legal Operations
Private Client Services
Wealth Management
Estate Planning
Family Law Practice
Document Management
Client Relations
Risk & Compliance
Personal Legal Services
Asset Management
Private Client Lawyer
Family Law Attorney
Estate Planning Lawyer
Wealth Manager
Financial Advisor
Trust Officer
Notary Public
Legal Counsel
Partnership Rights Specialist
Family Office Manager
Private Banker
Healthcare Proxy Administrator
Property Rights Lawyer
Civil Law Specialist
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