Under a fiduciary management agreement, one party transfers the property to the other for management in order to manage it for the benefit of the principal. Within the framework of this agreement, it is necessary to clearly define the status of the manager and his rights and obligations, due to the fact that the conclusion of this type of agreement may pursue various goals. Moreover, depending on the type of property, the agreement may provide for different management tools, which must also be specified in detail in the agreement.
Our company has extensive experience in working with trust management agreements for various objects, in our practice there are such non-standard examples as a virtual asset management agreement. Within the framework of the agreement, we will ensure the most suitable distribution of risks associated with fiduciary management, prepare a disclosure of risks associated with trust management, and ensure the proper performance of the obligations of the parties. The competitive advantage of GMT Legal is its experience in working with various business sectors, which allows us to create individual and customized documents for every client.