Family Trust

New Expressions & Buzzwords | 家族信託

Family Trust

This refers to a contract that elderly parents draw up entrusting family members with the management of their assets, including things like property and savings. These are made when the parents become afraid that they may lose their judgement after being affected by dementia or other cerebral maladies. This allows family members to liquidate some of their assets.

高齢こうれい
kourei no
elderly
おや
oya ga
parents
不動産ふどうさん
fudousann
property
ya
and
預貯金よちょきん
yochokinn
savings
などの
nado no
including things like
財産ざいさん管理かんり
zaisann’kannri wo
with (the) management of (their) assets
家族かぞく
kazoku ni
family members
まか
makasu
draw up entrusting
契約けいやく
keiyaku
(a) contract (that)
のことです。
no koto desu.
(this) refers to
認知症にんちしょう
ninnchishou
(after being affected by) dementia
など
nado
or other (cerebral maladies)
判断はんだん能力のうりょく
hanndann’nouryoku wo
(their) judgment
うしなうことを
ushinau koto wo
(they) may lose
おそれて
osorete
(the parents) become afraid (that) when
なされます。
nasare masu.
(these) are made
家族かぞく
kazoku ha
family members
その財産ざいさん
sono zaisann wo
(some of) their assets
活用かつようして収入しゅうにゅうられるような
katsuyou shite shuunyuu ga erareru youna
to liquidate
対策たいさくをします。
taisaku wo shi masu.
(this) allows

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