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laisser tous objets en commun

English translation: leave jointly-held assets under their current status


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18:10 Jan 26, 2012
French to English translations [PRO]
Law/Patents - Law (general) / Belgian probate - Power of Attorney
French term or phrase: laisser tous objets en commun
In a Belgian Procuration pour liquidation de succession into BrE.

recevoir ou payer toutes soultes ou stipuler tous délais de paiement, *laisser tous objets en commun*, donner tous pouvoirs pour les administrer et recouvrer

I’m not convinced by the previous ProZ answer about relinquishing or refusing to accept objects that used to be held jointly as the context goes on to talk of administering and recovering them. How the term parses or translates into Flemish/Dutch would be a start. http://www.proz.com/kudoz/french_to_english/law:_contracts/1...

Leave all commonly-owned objects also sounds an odd thing for the Attorney-in-Fact/mandataire to do when dealing with a deceased couple's estate: http://www.proz.com/kudoz/french_to_english/law_general/1989...
Tom Thumb
Local time: 20:39
English translation:leave jointly-held assets under their current status
Explanation:
I think this is saying that the lawyer can decide to leave jointly-owned property as such, rather than to sever ownership and incur (possibly) higher inheritance tax.

Inheritance Law | Belgium
... and their families with assets in and outside of Belgium... In Belgium an estate ... property goes to the estate. Other legal systems do not have the concept of joint ...
belgium.angloinfo.com/money/pensions-wills/inheritance-law - Cached
Selected response from:

AllegroTrans
United Kingdom
Local time: 19:39
Grading comment
Thx. On the right lines by all accounts.
3 KudoZ points were awarded for this answer



Summary of answers provided
3 +1leave jointly-held assets under their current status
AllegroTrans


Discussion entries: 6





  

Answers


19 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
leave jointly-held assets under their current status


Explanation:
I think this is saying that the lawyer can decide to leave jointly-owned property as such, rather than to sever ownership and incur (possibly) higher inheritance tax.

Inheritance Law | Belgium
... and their families with assets in and outside of Belgium... In Belgium an estate ... property goes to the estate. Other legal systems do not have the concept of joint ...
belgium.angloinfo.com/money/pensions-wills/inheritance-law - Cached

AllegroTrans
United Kingdom
Local time: 19:39
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 567
Grading comment
Thx. On the right lines by all accounts.
Notes to answerer
Asker: The two children as beneficiaries are the Mandants/Principals or Donors of the Power appointing their mother as the widow of the deceased Attorney-in-Fact and not at-Law. I take your community vs. severance of the joint tenancy point.


Peer comments on this answer (and responses from the answerer)
agree  fourth: Good so asker agrees
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