A domestic trust is a trust in which a foreign connection is established solely by choosing the foreign law applicable to the trust, e. g. by making the trust, whose settlor, trustee and beneficiaries are all resident in Switzerland, subject to a foreign law.
Term-Nr.: 304
German: Binnentrust (185)
Source: Marcel Lötscher, 22.04.2014
Leave a Reply
Want to join the discussion?Feel free to contribute!