Glossary entry

Spanish term or phrase:

Fideicomiso patrimonial

English translation:

family trust or settlement; Mex. proprietary trust for testamentary purposes

Added to glossary by Adrian MM.
Mar 31 01:39
1 mo ago
25 viewers *
Spanish term

Fideicomiso patrimonial

Spanish to English Bus/Financial Finance (general) Trusts
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?
Change log

Apr 7, 2024 18:11: Adrian MM. changed "Edited KOG entry" from "<a href="/profile/48980">lopatita's</a> old entry - "Fideicomiso patrimonial "" to ""family trust; Mex. proprietary trust for testamentary purposes""

Proposed translations

+1
6 hrs
Selected

family trust; Mex. proprietary trust for testamentary purposes

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:

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.

Peer comment(s):

agree AllegroTrans : "family trust", quite simply
5 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you! I think that fits/explains the concept perfectly "
+1
6 hrs

Asset trust

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

An asset trust can be used for cash and liquid investments.

Peer comment(s):

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
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