The Lifetime Partnership Agreement (Lebenspartnerschaftsvertrag) is a crucial legal document used in Germany to establish and regulate long-term partnerships. This document becomes relevant when two individuals wish to formalize their commitment while establishing clear legal frameworks for their relationship. It encompasses comprehensive provisions for financial management, property rights, healthcare decisions, and inheritance planning, all within the context of German law. The agreement is particularly important since the 2017 marriage equality law, as it can be used to establish specific terms and conditions beyond standard marriage provisions. It must be executed before a German notary and comply with the German Civil Code (BGB) requirements. The document serves as a foundational agreement that can be referenced for various legal and administrative purposes throughout the partnership's duration.
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1. Parties: Identification and details of the partners entering into the agreement
2. Background: Context of the partnership and intention to enter into a lifetime commitment
3. Definitions: Key terms used throughout the agreement
4. Partnership Declaration: Formal declaration of the partners' intention to form a lifetime partnership
5. Mutual Obligations: Core commitments and responsibilities of the partners to each other
6. Living Arrangements: Agreement on shared residence and living arrangements
7. Financial Arrangements: Management of joint finances, including income, expenses, and banking
8. Property Regime: Agreement on property ownership and division (üٱٲԻ)
9. Healthcare and Medical Decisions: Rights and responsibilities regarding medical decisions and healthcare proxy
10. Inheritance Rights: Basic inheritance provisions and succession planning
11. Dispute Resolution: Process for resolving disagreements between partners
12. Dissolution Provisions: Circumstances and procedures for ending the partnership
13. Governing Law: Confirmation of German law application and jurisdiction
14. Severability: Standard clause ensuring remaining provisions stay valid if others are invalidated
1. Children and Parenting: Arrangements regarding existing or future children, including adoption and parental responsibilities
2. Business Interests: Provisions regarding joint or separate business ventures and professional activities
3. International Aspects: Special provisions for international couples or those planning to live abroad
4. Religious Observances: Agreements regarding religious practices and celebrations
5. Pets and Animals: Arrangements regarding pet ownership and care
6. Social Media and Privacy: Agreements about social media presence and privacy boundaries
7. Power of Attorney: Mutual powers of attorney for specific matters
8. Retirement Planning: Specific arrangements for retirement and pension rights
1. Schedule A - Asset Inventory: Detailed list of each partner's assets brought into the partnership
2. Schedule B - Financial Obligations: List of existing debts and financial obligations of each partner
3. Schedule C - Property Details: Details of jointly owned or individual properties
4. Schedule D - Healthcare Directives: Specific healthcare wishes and medical powers of attorney
5. Schedule E - Insurance Policies: List of insurance policies and beneficiary arrangements
6. Appendix 1 - Partner Information: Detailed personal information including family contacts and medical history
7. Appendix 2 - Financial Accounts: List of bank accounts, investments, and financial institutions
8. Appendix 3 - Important Documents: Copies or locations of important documents such as wills and powers of attorney
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Relevant Teams
Legal
Wealth Management
Private Banking
Estate Planning
Client Relations
Financial Advisory
Notarial Services
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Legal Counsel
Notary
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Estate Planner
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