fidei commissaire goederen

23:25 Nov 16, 2020
Dutch to English translations [PRO]
Bus/Financial - Law: Contract(s) / bequests
Dutch term or phrase: fidei commissaire goederen
"Ten aanzien van het Fidei Commis geldt dat geen der begiftigde bij wege van schenking over de Fidei Commissaire goederen mag beschikken behoudens ten gunste van zijn nakomelingen."

A father is giving his sons depositary receipts for bearer shares in the capital of a holding company.

Wikipedia says "fideicommissum is a type of bequest in which the beneficiary is encumbered to convey parts of the decedent's estate to someone else."

Does this mean that neither of the sons (donees) can take possession of the goods subject to a fideicommisum arrangement except for the benefit of their children? How does "bij wege van schenking" fit in?

Thanks for your input.
Maria Danielson
United States
Local time: 06:14


Summary of answers provided
4 +1Trust ( Fee tail)
Mohammed Abd El Aziz


Discussion entries: 3





  

Answers


5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Trust ( Fee tail)


Explanation:
https://www.juridischwoordenboek.nl/zoek/fideï-commis

Mohammed Abd El Aziz
Egypt
Local time: 12:14
Works in field
Native speaker of: Arabic

Peer comments on this answer (and responses from the answerer)
agree  Adrian MM.: Trust assets or settlement of personalty vs. a strict settlement of land: "bij wege van schenking" > 'don't touch' > no disposal by way of gift www.proz.com/personal-glossaries/entry/18983528-fide?-commi...
1 day 6 hrs
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