Document background
The Trust Fund Agreement is a sophisticated legal instrument used to establish and govern trust arrangements under Swiss law. While Switzerland doesn't have domestic trust law, it recognizes trusts through its ratification of the Hague Trust Convention and has incorporated specific provisions in its Private International Law Act. This document is essential when establishing trust structures for wealth management, succession planning, charitable purposes, or institutional arrangements in Switzerland. The agreement comprehensively details the transfer of assets, trustee powers and duties, beneficiary rights, investment parameters, and distribution rules, while ensuring compliance with Swiss financial regulations, including FINMA requirements and anti-money laundering provisions. It's particularly relevant for international clients utilizing Switzerland's robust financial and legal framework for their trust arrangements.
