Nov 13, 2006 23:07
17 yrs ago
1 viewer *
English term

to furnish a bond with sureties

English to Hebrew Law/Patents Law (general)
Its from a Last will and Testament.
The sentence is as follows:
I direct that no one who administers my estate shall be required to furnish a bond with sureties.

I'll really appreciate any help with this phrase (no need to translate the whole sentence).
Thanks!

Proposed translations

38 mins

לתת ערבויות לאיגרת חוב

Tali, I'm not sure what is the accepted term here, but the meaning is something like:
אני מצווה שאף אחד מאלה שינהלו את הרכוש שלי, לא יהיה חייב לתת/לספק ערבויות לאיגרת חוב.
I hope that helps.
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+1
1 hr

לספק ערבות עם ביטחונות

The will (testament) executor is supposed to deal with the deceased person's assets. In order to make sure that he performs well / prudently / etc., he might be required to submit a bond which will be cashed if he defaults on his duties.

In this case, the testator (בעל הצוואה) releases the executor from the requirement to place a bond.

See also second paragraph in the link.
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9 days
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20 hrs

לספק ערבות ביצוע התחייבויות

Tali,
I'm not 100% sure, but there is a term in hebrew "ערבות ביצוע", which is used when there are 3 parties to a legal contract. In case of Last Wills and Testaments there can be a Testator, the Executor of the estate and a "third party", which guaranties or by means of which its guaranreed that the Executer will perform his duties properly.
Something like that ;)



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Note added at 20 hrs (2006-11-14 19:40:02 GMT)
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Testator - בעל צוואה
Executor of the estate - מנהל עיזבון


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Note added at 20 hrs (2006-11-14 19:52:47 GMT)
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Pls see par. 10.1 in the link below:
http://www.mof.gov.il/customs/docs/m7_2006.doc
Example sentence:

אני מצווה כי אף אחד מאלה שינהלו את עיזבוני לא יידרש לספק ערבות ביצוע התחייבויות

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