Letter of Wishes

Definitie

A letter of wishes is a non-binding document in which the settlor expresses their wishes regarding the administration and distribution of trust assets. While not legally binding, it provides important guidance to the trustee about the settlor's intentions.

Context

Deze term wordt veelvuldig gebruikt in de context van trustadministratie in Zwitserland. Het begrijpen van dit concept is essentieel voor internationale families, ondernemers en juridische professionals die truststructuren geadministreerd vanuit Zwitserland overwegen of beheren.

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