Document background
The Agreement And Declaration of Trust is a crucial document used in Denmark when establishing formal trust arrangements within the Danish civil law system. While Denmark doesn't have a specific trust law regime like common law jurisdictions, this document creates trust-like arrangements that are recognized and enforceable under Danish law. It's particularly valuable for estate planning, family wealth management, charitable purposes, and business succession planning. The document typically includes detailed provisions for asset transfer, trustee duties, beneficiary rights, and administrative procedures, all while ensuring compliance with Danish regulatory requirements. The Agreement And Declaration of Trust is essential for situations requiring long-term asset management, protection, and controlled distribution, whether for family wealth preservation, charitable purposes, or business continuity.
