establecer un fideicomiso
/estableθeɾ un fideikomiso/from spelling rules
To set up a trust in Spanish is establecer un fideicomiso.
This phrase is used to describe the process of creating a legal arrangement where a third party holds assets for the benefit of a beneficiary.
What does it mean word for word?
The phrase is composed of the verb establecer (to establish/set up) and the noun fideicomiso (trust).
How does it change in a sentence?
The plural form of fideicomiso is fideicomisos.
Did you know?
- While 'trust' in English can describe a warm feeling between friends, the Spanish word fideicomiso is exclusively a technical legal term and cannot be used to describe emotional confidence.
- The term fiduciario for the manager of a fideicomiso shares the same Latin root as the English word 'fiduciary', creating a direct link between the two legal traditions.
- Unlike English, where a 'trust' can be a general arrangement, a fideicomiso typically requires a formal written contract to be legally valid in most Spanish-speaking countries.
Examples in context
- María y Juan decidieron hacer un fideicomiso para asegurar el futuro de sus hijos.María and Juan decided to set up a trust to secure their children's future.
- La empresa decidió constituir un fideicomiso para asegurar el patrimonio familiar.The company decided to set up a trust to secure the family's assets.
- Es necesario establecer un fideicomiso para proteger los activos.It is necessary to set up a trust to protect the assets.
- Él quiere establecer un fideicomiso para sus hijos.He wants to set up a trust for his children.
- Ellos decidieron establecer un fideicomiso antes de la auditoría.They decided to set up a trust before the audit.
Example conversation
Alejandro and María are discussing long-term financial planning in an office.
- Alejandro¿Deberíamos establecer un fideicomiso para la herencia?Should we set up a trust for the inheritance?
- MaríaEs una buena idea para asegurar el futuro de la familia.It is a good idea to secure the family's future.
- AlejandroConsultaré con un abogado para establecer un fideicomiso formal.I will consult with a lawyer to set up a formal trust.
- MaríaMe parece muy prudente, Alejandro.That seems very prudent to me, Alejandro.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
