Auseinandersetzungsvollstreckung

English translation: distribution/settlement (of the estate)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Auseinandersetzungsvollstreckung
English translation:distribution/settlement (of the estate)

15:11 May 18, 2014
    The asker opted for community grading. The question was closed on 2014-05-21 18:54:10 based on peer agreement (or, if there were too few peer comments, asker preference.)


German to English translations [PRO]
Law/Patents - Law (general)
German term or phrase: Auseinandersetzungsvollstreckung
Bei der Auseinandersetzungsvollstreckung organisiert der Testamentsvollstrecker den Nachlass
Sabina Moscatelli
Italy
Local time: 01:03
distribution/settlement (of the estate)
Explanation:
'Auseinandersetzung' in this context means 'apportionment' and the -vollstreckung 'settlement'. And of course that is exactly what the executor of a will is responsible for...
Selected response from:

David Moore (X)
Local time: 01:03
Grading comment
Thanks, David!
4 KudoZ points were awarded for this answer



Summary of answers provided
4administration and distribution of the estate
Adrian MM. (X)
3distribution/settlement (of the estate)
David Moore (X)


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
distribution/settlement (of the estate)


Explanation:
'Auseinandersetzung' in this context means 'apportionment' and the -vollstreckung 'settlement'. And of course that is exactly what the executor of a will is responsible for...

David Moore (X)
Local time: 01:03
Native speaker of: English
PRO pts in category: 328
Grading comment
Thanks, David!
Login to enter a peer comment (or grade)

3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
administration and distribution of the estate


Explanation:
arguably not settlement as is ambiguous for settling the estate, namely creating a trust-type settlement over the assets.

NB distribution includes vesting and *assenting* of gifts to the rightful beneficiaries.




Example sentence(s):
  • Bei der Auseinandersetzungsvollstreckung organisiert der Testamentsvollstrecker den Nachlass, begleicht die Schulden und verteilt das verbleibende Vermögen zwischen den Erben und sonstigen Berechtigten
  • The Administration of Estates Act 1925/S34 (3) sets out the order in which the deceased's estate should be used to pay their debts and funeral costs and costs of administering the estate.

    Reference: http://www.w-h-l.de/erbrecht/vermoegensnachfolge/testamentvo...
Adrian MM. (X)
Local time: 01:03
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 790
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