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donaciones colacionables

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:donaciones colacionables
English translation:gifts to heirs (made before death of testator) that go into the accounting of the estate
Entered by: Catherine Gilsenan
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14:47 Nov 29, 2008
This question was closed without grading. Reason: Answer found elsewhere

Spanish to English translations [PRO]
Law/Patents - Law (general)
Spanish term or phrase: donaciones colacionables
Re Will

“Al valor líquido de los bienes hereditarios se agregará el de las donaciones colacionables …”
Catherine Gilsenan
United Kingdom
Local time: 21:47
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Summary of answers provided
5 +1collationable donationsHeloisa Xavier
4 +1collatable donations
Edward Tully
3 +2advancements
Lisa McCarthy
3comparable / related assets
Richard Boulter


  

Answers


17 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
comparable / related assets


Explanation:
This seems to fit your context as given here, rather than 'costs and damages' which I would like to use for the term itself.

Richard Boulter
United States
Local time: 14:47
Specializes in field
Native speaker of: English
PRO pts in category: 95
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13 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
advancements


Explanation:
-

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Note added at 20 minutos (2008-11-29 15:07:55 GMT)
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Donacion colacionable – advancement (Dictionario de Términos Juídicos – Enrique Alcaraz Varó/Brian Hughes)



Gives the rest of your property to your executors to sell pay your debts and testamentary expenses and divide and pay the income to the surviving Husband or Wife orCivil Partner for life income and capital to children remoter issue or others, in equal shares, with power to advance capital during the life of the Husband or Wife/ Civil Partner to all residuary beneficiaries. These **advancements** are potentially exempt for Inheritance Tax purposes (7 year rule)
http://www.videowills-uk.co.uk/which_will_is_best.asp


Lisa McCarthy
Spain
Local time: 22:47
Native speaker of: Native in EnglishEnglish
PRO pts in category: 174

Peer comments on this answer (and responses from the answerer)
agree  Mónica Sauza
1 hr

agree  Maria Garcia
5 hrs
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27 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
collationable donations


Explanation:
I made a mistake on the Collationable from my previous reply, sorry!

I meant COLLATIONABLE

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Note added at 28 mins (2008-11-29 15:15:25 GMT)
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Explicação:
<<collationable>> that is, its value is imputable into the hereditary estate of the donor at the tune of his death for the purpose of determining the legitime of the forced or compulsory heirs and the freely disposable portion of the estate. This is true as well of donations to strangers as of gifts to compulsory heirs, although the language of Article 1061 of the Civil Code would seem to limit collation to the latter class of donations. And this has been held to be a long-established rule in Liguez vs. Honorable Court of Appeals, et al.,

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Note added at 25 mins (2008-11-29 15:12:23 GMT)
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Also: http://www.ibp.org.ph/index.php?p=43&sec=&aid=194&lf=7
Collation is the act by virtue of which descendants
or other forced heirs who intervene in the division of
the inheritance of an ascendant bring into the common
mass, the property which they received from him, so
that the division may be made according to law and
the will of the testator. Collation is only required of
compulsory heirs succeeding with other compulsory
heirs and involves property or rights received by
donation or gratuitous title during the lifetime of the
decedent. The purpose is to attain equality among
the compulsory heirs in so far as possible for it is
presumed that the intention of the testator or
predecessor in interest in making a donation or
gratuitous transfer to a forced heir is to give him
something in advance on account of his share in the
estate, and that the predecessor 's will is to treat all his
heirs equally, in the absence of any expression to the
contrary.


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Note added at 28 mins (2008-11-29 15:16:06 GMT)
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also: http://www.lawphil.net/judjuris/juri1986/oct1986/gr_65800_19...

Heloisa Xavier
Argentina
Local time: 17:47
Specializes in field
Native speaker of: Native in PortuguesePortuguese

Peer comments on this answer (and responses from the answerer)
agree  LexisPlus
8 hrs
  -> Thank you! =)
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
collatable donations


Explanation:
Imperial vs Ca et al : 112483 : January 17, 2000 : Atty. Carreon ... - [ Traducir esta página ]The obligation to have collatable donations reduced to the extent that they impair upon the legitime of other heirs being explicitly provided for under ...
www.supremecourt.gov.ph/resolutions/ToC2000/..\3rd\2000\3Ja... - 9k - En caché - Páginas similares

Edward Tully
Local time: 22:47
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1638

Peer comments on this answer (and responses from the answerer)
agree  LexisPlus: Too!
7 hrs
  -> thank you! ;-)
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Changes made by editors
Dec 1, 2008 - Changes made by Catherine Gilsenan:
Created KOG entryKudoZ term » KOG term


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