interest in possession

French translation: droit d'usufruit

09:34 Apr 25, 2024
English to French translations [PRO]
Law/Patents - Law: Contract(s) / Will
English term or phrase: interest in possession
Hello again,

In a Will, under a trust funds section, comes this sentence :

The Nil Rate Band Trustees may lend any money held by them as part of the Nil Rate Band Legacy Fund to my Wife or to the trustees of any trust under which my Wife has an interest in possession.

Interest in possession : droit d'usufruit ? Rien à voir avec l'interest in possession trust (life interest trust), n'est-ce-pas?

Ce qui reviendrait à dire que l'épouse peut bénéficier de sommes d'argent provenant du NRB trust ou que des trustees gérant un trust sur lequel l'épouse a un droit d'usufruit peuvent bénéficier de sommes d'argent de ce même NRB trust.

Est-ce correct?

Merci pour votre aide,
VeroniquePhelut
Local time: 01:38
French translation:droit d'usufruit
Explanation:
This is often associated with life interest trusts where the beneficiary, known as the life tenant, has the right to the income generated by the trust assets during their lifetime.

Life Interest Trusts...
https://www.marlowwills.co.uk/life-interest-in-possession-tr...

Tax Implications...
https://th-law.co.uk/interest-in-possession-trusts-and-taxat...
https://axis-finance.com/tax/french-inheritance-tax/

References for //droit d'usufruit//...
https://www.definition-juridique.fr/usufruit/

https://droitimmobilier.ca/blogue/lusufruit-notions-juridiqu...

https://www.dictionnaire-juridique.com/definition/usufruit.p...

https://www.service-public.fr/particuliers/vosdroits/F934


Selected response from:

Sakshi Garg
India
Local time: 06:08
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1droit d'usufruit
Sakshi Garg
Summary of reference entries provided
VEDETTE: interest in possession
Germaine

Discussion entries: 9





  

Answers


4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
droit d'usufruit


Explanation:
This is often associated with life interest trusts where the beneficiary, known as the life tenant, has the right to the income generated by the trust assets during their lifetime.

Life Interest Trusts...
https://www.marlowwills.co.uk/life-interest-in-possession-tr...

Tax Implications...
https://th-law.co.uk/interest-in-possession-trusts-and-taxat...
https://axis-finance.com/tax/french-inheritance-tax/

References for //droit d'usufruit//...
https://www.definition-juridique.fr/usufruit/

https://droitimmobilier.ca/blogue/lusufruit-notions-juridiqu...

https://www.dictionnaire-juridique.com/definition/usufruit.p...

https://www.service-public.fr/particuliers/vosdroits/F934




Sakshi Garg
India
Local time: 06:08
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in FrenchFrench
PRO pts in category: 11
Notes to answerer
Asker:


Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans
2 hrs
  -> Thank you, AllegroTrans! :-)

agree  nordine
4 hrs
  -> Thank you, nordine! :-)

disagree  Germaine: Vous interprétez alors qu'il faut traduire.
5 hrs
  -> Vous êtes le seul dans la file d'attente à ne pas être d'accord malgré des tonnes de références.
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Reference comments


9 hrs peer agreement (net): -1
Reference: VEDETTE: interest in possession

Reference information:
RENVOIS ANAL. (V. AUSSI): possessory interest (2882)

INFORMATIONS SUR LES SOLUTIONS
ÉQUIVALENT 1: intérêt en possession
PONDÉRATION: Recommandé par le CTTJ

CONSTATS
CONSTAT 1: intérêt en possession

SOURCE 1: Vanderlinden, Jacques, Gérard Snow et Donald Poirier, La common law de A à Z, 2e édition, Yvon Blais, 2017, s.v. intérêt en possession.

RÉDACTION: MB
DATE DE RÉDACTION: 03/12/2013
DATE DE MISE À JOUR: 24/09/2018
NUMÉRO: 86541

JURITERM © Université de Moncton, Faculté de droit, Centre de traduction et de terminologie juridiques

Source: juriterm.ca

Germaine
Canada
Specializes in field
Native speaker of: French
PRO pts in category: 574

Peer comments on this reference comment (and responses from the reference poster)
disagree  Sakshi Garg: Avez-vous des références pour étayer votre réponse ?
7 mins
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