Formuesfære

16:04 Jan 12, 2021
This question was closed without grading. Reason: Other

Danish to English translations [PRO]
Law/Patents - Finance (general)
Danish term or phrase: Formuesfære
Appears in a letter discussing a will specifically referring to the assets of the deceased including inheritance that they are due and have not yet received:

(Afdødes friarv omfatter også den endnu ikke udbetalte arv efter XXX, idet denne arv faldt og indgik i YYY’s formuesfære på XXX’s dødsdag).
Michael Purvis


Summary of answers provided
3proprietary control; vest in possession
Adrian MM.


Discussion entries: 1





  

Answers


4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Formue/sfære; indgå i ...
proprietary control; vest in possession


Explanation:
indgik i YYY’s formuesfære : vested in YYY's possession of the latter's 'range of assets'.

Friarv: free estate disposable : SPA > cuota disponible < only after deduction - outside of any Will - of the forced heirs' : query: YYY or heiressess' 'arvelod or -del, so automatic entitlement' or 'allotments of inheritance' cf. legitima in SPA, legitim in Scots law and hereditary reserve in FRE.

denne arv faldt: this inheritance fell 'in' or again, 'vested', rather than was 'adeemed' wiped out or 'abated' - reduced porportionately.

Example sentence(s):
  • Gaveoverdragelse af aktier til trust – udskillelse fra givers formuesfære : no real parting with possession – TfS 42869
  • Definition of VESTED IN POSSESSION: Immediate right to possession and use of a property or interest in a property.

    Reference: http://v.dk/artikel/gaveoverdragelse-af-aktier-til-trust-uds...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16
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