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Jan 12, 2021 16:04
3 yrs ago
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Danish term

Formuesfære

Danish to English Law/Patents Finance (general)
Appears in a letter discussing a will specifically referring to the assets of the deceased including inheritance that they are due and have not yet received:

(Afdødes friarv omfatter også den endnu ikke udbetalte arv efter XXX, idet denne arv faldt og indgik i YYY’s formuesfære på XXX’s dødsdag).
Proposed translations (English)
3 proprietary control; vest in possession

Discussion

Christopher Schröder Jan 13, 2021:
I would think that wealth would cover it

Proposed translations

4 hrs
Danish term (edited): Formue/sfære; indgå i ...

proprietary control; vest in possession

indgik i YYY’s formuesfære : vested in YYY's possession of the latter's 'range of assets'.

Friarv: free estate disposable : SPA > cuota disponible < only after deduction - outside of any Will - of the forced heirs' : query: YYY or heiressess' 'arvelod or -del, so automatic entitlement' or 'allotments of inheritance' cf. legitima in SPA, legitim in Scots law and hereditary reserve in FRE.

denne arv faldt: this inheritance fell 'in' or again, 'vested', rather than was 'adeemed' wiped out or 'abated' - reduced porportionately.
Example sentence:

Gaveoverdragelse af aktier til trust – udskillelse fra givers formuesfære : no real parting with possession – TfS 42869

Definition of VESTED IN POSSESSION: Immediate right to possession and use of a property or interest in a property.

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