complex trust

German translation: wohltätige Stiftung

10:14 Apr 23, 2001
English to German translations [PRO]
Bus/Financial
English term or phrase: complex trust
context US tax form
I have also asked simple trust.
It could not be by any chance a Gross- und Kleinkonzern?
Zeus
Local time: 23:19
German translation:wohltätige Stiftung
Explanation:
complex trust (US tax code) = see above

simple trust (US tax code) =
Thesaurierungsfond
(same as a cumulative trust)

Source: Shorter/Cambridge Business Law
Selected response from:

gangels (X)
Local time: 16:19
Grading comment
Brilliant. I had almost given up.
4 KudoZ points were awarded for this answer



Summary of answers provided
naSee below
Vesna Zivcic
nawohltätige Stiftung
gangels (X)


  

Answers


28 mins
See below


Explanation:
Meiner Meinung handelt es sich um keinen Konzern. Leider kann ich keine passende Übersetung geben, aber ich kann einige Richtlinien dafür geben:


1. The person who manages a trust, the trustee, has a legal duty to manage the trust's assets in the best interests of the beneficiary or beneficiaries. This might include managing rental properties, investing funds or paying income to the beneficiary.

How much a trustee is required to do and how much access he or she has to the funds should be specified in the trust. A simple or mandatory trust requires the trustee to distribute income to the beneficiary. A complex or discretionary trust may afford the trustee discretion over the principal and income to be distributed.

2. LEO English: German:
trust die Treuhand
trustee [econ.] der Treuhänder
trustee der Treuhänder
fuduciary treuhänderisch
fiduciary treuhänderisch
fiduciary der Treuhänder
fiducial treuhänderisch
escrow [jur.] der Treuhänder
depositary der Treuhänder
account in trust das Treuhandkonto



    Google & 8-)
Vesna Zivcic
Local time: 00:19
Native speaker of: Croatian
PRO pts in pair: 395
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16 hrs
wohltätige Stiftung


Explanation:
complex trust (US tax code) = see above

simple trust (US tax code) =
Thesaurierungsfond
(same as a cumulative trust)

Source: Shorter/Cambridge Business Law

gangels (X)
Local time: 16:19
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in pair: 138
Grading comment
Brilliant. I had almost given up.
Login to enter a peer comment (or grade)



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