The trust is a contractual relationship between the trustee and the settlor. The assets are the trust property, which the trustee administers in his own name for the settlor. The trustee is obliged to manage or use the trust property in the settlor's interest.

Term-Nr.: 862

German: Treuhänderschaft (797)

Source: Marcel Lötscher, 22.04.2014

Print Friendly, PDF & Email