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Fideicomiso patrimonial

English translation: family trust or settlement; Mex. proprietary trust for testamentary purposes

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Fideicomiso patrimonial
English translation:family trust or settlement; Mex. proprietary trust for testamentary purposes
Entered by: Adrian MM.

01:39 Mar 31, 2024
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Trusts
Spanish term or phrase: Fideicomiso patrimonial
Los fideicomisos patrimoniales son la clave para dar certeza a tu legado familiar, pues funcionan como un puente entre tu presente y el futuro de tus seres queridos.

Aqui podria quedar Estate Trust?
lopatita
family trust; Mex. proprietary trust for testamentary purposes
Explanation:
family, non-divorce property settlement if land + buildings.

> entrusting the implementation to a professional, institutional executor > Mexico: 'Es un contrato mediante el cual una persona física o moral, nacional o extranjera; afecta ciertos bienes o derechos para un fin lícito y determinado, en beneficio propio o de un tercero, encomendando la realización de dicho fin a una institución fiduciaria.'

If it's non-Mexican, then by all means use the wide-net copout of 'estate trust'.

I will assume that fideicomiso testamentario: a testamentary trust > Butterworths, Robb and West - strictly in alphabetical order - is 'cognate' but something different,

Selected response from:

Adrian MM.
Austria
Grading comment
Thank you! I think that fits/explains the concept perfectly
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1Asset trust
neilmac
3 +1family trust; Mex. proprietary trust for testamentary purposes
Adrian MM.


  

Answers


6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
Asset trust


Explanation:
Could be an option. One of the different types of trusts to cover investments depending on your aims....

Example sentence(s):
  • An asset trust can be used for cash and liquid investments.

    Reference: http://townandcountrylaw.legal/asset-trust/
neilmac
Spain
Local time: 05:37
Native speaker of: Native in EnglishEnglish
PRO pts in category: 227

Peer comments on this answer (and responses from the answerer)
agree  Andrew Bramhall: Yes, sometimes literal works
59 mins
neutral  AllegroTrans: It is an asset trust, but of a specific kind as shown by the rest of the sentence, which you cannot ignore
5 hrs
Login to enter a peer comment (or grade)

6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
fideicomiso patrimonial
family trust; Mex. proprietary trust for testamentary purposes


Explanation:
family, non-divorce property settlement if land + buildings.

> entrusting the implementation to a professional, institutional executor > Mexico: 'Es un contrato mediante el cual una persona física o moral, nacional o extranjera; afecta ciertos bienes o derechos para un fin lícito y determinado, en beneficio propio o de un tercero, encomendando la realización de dicho fin a una institución fiduciaria.'

If it's non-Mexican, then by all means use the wide-net copout of 'estate trust'.

I will assume that fideicomiso testamentario: a testamentary trust > Butterworths, Robb and West - strictly in alphabetical order - is 'cognate' but something different,



Example sentence(s):
  • State and municipal enterprises manage, use and dispose of the enterprise assets by the right of property trust.
  • Mex. : Trust for Testamentary Purposes. This trust operates similarly to a testamentary trust in the United States.

    Reference: http://ww.veritas.org.mx/Impuestos/Fiscal/Implicaciones-fisc...
    Reference: http://smartasset.com/financial-advisor/family-trust
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 143
Grading comment
Thank you! I think that fits/explains the concept perfectly

Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans: "family trust", quite simply
5 hrs
Login to enter a peer comment (or grade)



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