Distribution Policy

Definition

A distribution policy sets out the framework and criteria that a trustee uses when making distributions from the trust to beneficiaries. It may define the purposes, timing, amounts and conditions under which distributions can be made.

Kontext

Dieser Begriff wird haeufig im Kontext der Trust-Verwaltung in der Schweiz verwendet. Das Verstaendnis dieses Konzepts ist wesentlich fuer internationale Familien, Unternehmer und Rechtsanwaelte, die Trust-Strukturen mit Verwaltung aus der Schweiz in Erwaegung ziehen oder verwalten.

Verwandte Begriffe

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• Beneficial Ownership — Beneficial ownership refers to the natural person(s) who ultimately own or control an entity or trus...
• Beneficiary — A beneficiary is a person or entity designated to receive benefits from a trust, such as income, cap...
• Change of Trustee — A change of trustee is the process of replacing the existing trustee with a new one. This involves l...