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Assets Separation Agreement
"I need an Assets Separation Agreement to formalize the division of assets between two business partners in Switzerland, including the separation of a jointly owned technology startup and associated intellectual property, with completion targeted for March 2025."
1. Parties: Identification and details of the parties entering into the agreement
2. Background: Context of the agreement, including the parties' current status and reason for asset separation
3. Definitions: Definition of key terms used throughout the agreement
4. Purpose of Agreement: Clear statement of the agreement's objectives and intended legal effect
5. Effective Date: Specification of when the agreement takes effect
6. Declaration of Assets: General provisions regarding the disclosure and verification of assets
7. Division of Real Property: Allocation of real estate and associated rights
8. Division of Personal Property: Distribution of movable assets and personal belongings
9. Division of Financial Assets: Allocation of bank accounts, investments, and other financial instruments
10. Treatment of Debts: Allocation of existing liabilities and responsibilities
11. Tax Provisions: Handling of tax implications and responsibilities
12. Implementation: Practical steps and timeline for implementing the asset division
13. Governing Law: Confirmation of Swiss law application and jurisdiction
14. Dispute Resolution: Procedures for handling disagreements
15. Final Provisions: Miscellaneous legal provisions including amendment procedures
1. Business Interests: Section dealing with division of business ownership and commercial interests, used when parties have shared business assets
2. Intellectual Property Rights: Allocation of IP rights, used when parties have joint intellectual property
3. Pension and Insurance: Division of pension rights and insurance policies, used when such assets exist
4. Foreign Assets: Provisions for assets located outside Switzerland, used when international assets are involved
5. Future Income: Provisions regarding future income from shared investments or royalties, used when ongoing shared income sources exist
6. Digital Assets: Division of cryptocurrency, digital investments, or online accounts, used when parties have digital assets
7. Vehicles and Vessels: Specific provisions for cars, boats, or aircraft, used when such assets are owned
8. Art and Collectibles: Special provisions for valuable collections or artworks, used when such assets exist
1. Schedule A - Real Property Inventory: Detailed list of all real estate properties with their agreed values and allocation
2. Schedule B - Personal Property Inventory: Comprehensive list of personal property items and their allocation
3. Schedule C - Financial Assets Register: Detailed listing of all financial accounts, investments, and their distribution
4. Schedule D - Debt Schedule: List of all debts and liabilities with allocation details
5. Schedule E - Implementation Timeline: Detailed timeline for executing the asset transfers
6. Appendix 1 - Asset Valuation Reports: Professional valuations of significant assets
7. Appendix 2 - Property Documents: Copies of relevant property titles and registration documents
8. Appendix 3 - Financial Statements: Recent statements for all financial accounts and investments
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Wealth Management
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Notary Services
Property Management
Asset Management
Family Office Services
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Private Client Services
Wealth Management
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Financial Advisory
Tax Advisory
Corporate Services
Document Management
Risk Management
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Attorney
Notary Public
Financial Advisor
Wealth Manager
Property Lawyer
Tax Consultant
Asset Manager
Family Office Manager
Private Client Advisor
Legal Administrator
Compliance Officer
Property Registrar
Estate Planner
Corporate Lawyer
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