COMPARATIVE ANALYSIS OF TERMS RELATED TO “WILLS” AND “TRUSTS” IN GEORGIAN AND ENGLISH LANGUAGES (ACCORDING TO “THE CIVIL CODE OF GEORGIA”, “COMMON LAW” AND THE LAW OF THE UNITED STATES OF AMERICA)

Irina Gvelesiani

Abstract


Problems associated with the transference of the property acquired pressing urgency with the change of political life of Georgia (from Socialism to Capitalism). The drastic changes of Georgian political and economic systems cause the creation of new institutions. On-going processes influence the sphere of law and its terminology. The establishment of new legal institutions facilitates the emergence of the so-called “empty gaps” – the unnamed elements of the system of concepts. Therefore, it is of particular importance to formulate the system of basic terminological units and clarify their precise meaning. The given paper offers the comparative analysis of the terms related to “wills” and “trusts” in Georgian and English languages according to the data of the contemporary monuments of law. It shows the similarities and differences of Georgian and English terminological systems. Therefore, the necessity of the creation of new lexical units (in order to “fill” the so-called “empty gaps”) is singled out and revealed.

Keywords


Donation mortis causa; holographic will; inter vivos trust; intestate succession; testamentary trust; testate succession; trust

Full Text:

PDF

References


The Civil Code of Georgia. Bona Kausa. Tbilisi, 2002. 373 p.

The Commentary of the Civil Code of Georgia. Book IV. Volume I. “Samartali”. Tbilisi, 2001. 601 p.

Donatio mortis causa [online] [seen on 1 April 2011] http://en.wikipedia.org/wiki/Donatio_mortis_causa

Joint wills and Mutual wills[online] [seen on 1 March 2011] http://en.wikipedia.org/wiki/Joint_wills_and_mutual_wills

Louisiana Wills [online] [seen on 2 March 2011] http://www.meocpa.com/lawills.html

Nuncupative will [online] [seen on 1 April 2011] http://www.investopedia.com/terms/n/nuncupativewill.asp

What is a holographic will? [online] [seen on 2 March 2011] http://lawchek.com/Library1/_books/probate/qanda/holographic.htm

Wills and Probate: a consumer publication. London, Consumers’ Association. 195 p.

Will (law) [online] [seen on 5 March 2011] http://en.wikipedia.org/wiki/Will%28law%29




DOI: http://dx.doi.org/10.17770/lner2011vol1.3.1807

Refbacks

  • There are currently no refbacks.


Copyright (c) 2016 Irina Gvelesiani