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Discretionary Trust

German translation: ins Ermessen des trustee gestellter Trust

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01:19 Aug 6, 2001
English to German translations [PRO]
Bus/Financial - Investment / Securities
English term or phrase: Discretionary Trust
A trust which has one or more beneficiaries where the trustees have the power to determine the recipients of any distribution.
monitor
Local time: 06:19
German translation:ins Ermessen des trustee gestellter Trust
Explanation:
discretionary trust - ins Ermessen des trustee gestellter Trust

Trust, bei dem dem trustee auferlegt wird, das Treuhandvermögen (bes. das Einkommen) nach freiem Ermessen unter eine festgestellte Gruppe (z.B. Kinder od. Nachkommen des setlor) zu verteilen. Discretionary trusts sind beliebt wegen der Möglichkeit der Erlangung von Steuervorteilen
Selected response from:

Sabine Cane
Local time: 05:19
Grading comment
Thank you so much
Marcel
4 KudoZ points were awarded for this answer

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Summary of answers provided
naanswer from Sabine
Alexander Schleber
naErmessens-Trustpds
naunumschränkter Fideikomiß
Alexander Schleber
nains Ermessen des trustee gestellter TrustSabine Cane


  

Answers


11 mins
ins Ermessen des trustee gestellter Trust


Explanation:
discretionary trust - ins Ermessen des trustee gestellter Trust

Trust, bei dem dem trustee auferlegt wird, das Treuhandvermögen (bes. das Einkommen) nach freiem Ermessen unter eine festgestellte Gruppe (z.B. Kinder od. Nachkommen des setlor) zu verteilen. Discretionary trusts sind beliebt wegen der Möglichkeit der Erlangung von Steuervorteilen


    Dietl/Lorenz Dict. of legal, commercial + political terms
Sabine Cane
Local time: 05:19
PRO pts in category: 4
Grading comment
Thank you so much
Marcel
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1 hr
unumschränkter Fideikomiß


Explanation:
F. LeDocte, Legal Dictionary in 4 Languages

Alexander Schleber
Belgium
Local time: 06:19
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 11
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3 hrs
Ermessens-Trust


Explanation:
You'll find that discretionary trust is often not translated at all (e.g. www.ernst-young.de/pdf/ntv/Trusts.pdf; www.incorporation-service.com/trusts.html).
In some WWW sites, the translation Ermessens-Trust is used (e.g. www.offshore-paradise.com/treuhand.htm)

pds
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1 day 9 hrs
answer from Sabine


Explanation:
You have selected this answer as the most helpful.
But at least you should replace "trustee" with the word "Reuhänder" as "trustee" does not exist in German.

GIR

Alexander Schleber
Belgium
Local time: 06:19
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 11
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