Change of Trustee

Definition

A change of trustee is the process of replacing the existing trustee with a new one. This involves legal documentation, asset transfers, bank notifications and regulatory compliance. The process is governed by the trust deed and the applicable law.

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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