https://ita.proz.com/kudoz/italian-to-english/law-general/3603610-eredit%C3%A0-beneficiata.html?paging=y

Glossary entry

Italiano term or phrase:

{procedura della} eredità beneficiata

Inglese translation:

'benefit-of-inventory' solvent estate{s administration procedure}

Added to glossary by Adrian MM. (X)
Dec 13, 2009 10:44
15 yrs ago
50 viewers *
Italiano term

eredità beneficiata

Da Italiano a Inglese Legale/Brevetti Legale (generale) inheritance
in un contratto di procura speciale
... rappresentare la costituente nella procedura della eredità beneficiata. Vedi per la spiegazione italiana
http://appinter.csm.it/incontri/relaz/6061.pdf
Esiste un corrispondente in inglese?
Change log

Dec 18, 2009 19:12: Adrian MM. (X) Created KOG entry

Dec 18, 2009 19:16: Adrian MM. (X) changed "Edited KOG entry" from "<a href="/profile/95262">Adrian MM. (X)'s</a> old entry - "{procedura della} eredità beneficiata"" to ""solvent estate{s administration procedure}""

Proposed translations

9 ore
Selected

solvent estate/accepted with 'benefit of inventory' = liability limited to the assets received

Pls. let us work out an informed probate and succession answer.

Bequest/legacy is of goods or money (chattels) only vs. a devise which is of land only. There is no indication that one or the other has been made.

Garzanti's dictionary: beneficiary inheritance/'inheritance of inventory' may be Italo-English, but seem to hide the semblance of an answer.

Benefit of inventory: on acceptance of the estate by the beneficiary/ies, liability is limited to the assets recvd. and not beyond for the debts.



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Note added at 10 hrs (2009-12-13 21:23:34 GMT)
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How I would phrase it: *to act for the grantor* in the solvent estates administration procedure

* also: to represent the appointor, client or donor of the power
Example sentence:

ET has learned that temporary administrators handling the estate of Michael Jackson have recovered millions from the late icon www.etonline.com/news/2009/07/76837/index.html

Eredità beneficiata. ° Art. 484 e segg. C.C.: accettazione degli eredi con beneficio di inventario

Note from asker:
So how would you phrase it, "Represent the constituent party in any inheritance accepted with benefit of inventory proceedings?" Thank
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3 KudoZ points awarded for this answer. Comment: "Thank you!"
+1
47 min

benfitting bequest

Unfortunately succession law is completely different in common law from continetal Civil Codes. There is a lot of discussion going on in the EU to try to reconcile these immense differences. Go with a literal translation and append an explanation if neccesary
Peer comment(s):

agree Marcello Joseph SPADA
1 ora
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-1
1 ora

Net asset value (NAV) acceptance.

Explanation:
National Bank Direct Brokerage glossary

Banking term

Net asset value (NAV)
In a mutual fund (set up as a trust or a corporation), NAV is the total value of all the assets, determined daily based on the market value of the portfolio, less all liabilities. Also called net worth or net assets.


Reference: http://w3.nbdb.ca/tools_planification/glossary.jsp?menu=4_5
Peer comment(s):

disagree ChrisJude : Not really the context
51 min
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