aansprakelijk in uw privévermogen

English translation: personally liable

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:aansprakelijk in uw privévermogen
English translation:personally liable
Entered by: Willemina Hagenauw

10:18 Sep 19, 2019
Dutch to English translations [PRO]
Law/Patents - Law (general) / legacies, estate
Dutch term or phrase: aansprakelijk in uw privévermogen
Indien de nalatenschap negatief is (er zijn dan meer schulden dan bezittingen), bent u als erfgenaam in uw privévermogen aansprakelijk voor de schulden van de overledene.
Does anyone know the right translation for "aansprakelijk in uw privévermogen" bit? I know what it means but feel that "liable with your private assets" is not correct, unless anyone can confirm that it is? Many thanks for your input!
Willemina Hagenauw
Local time: 07:17
personally liable
Explanation:
in uw privévermogen aansprakelijk voor de schulden van de overledene
>>
personally liable (to creditors) for the decedent's debts
Selected response from:

Kitty Brussaard
Netherlands
Local time: 08:17
Grading comment
Many thanks to all who contributed.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3personally liable
Kitty Brussaard
5liable in terms of your personal assets
Cillie Swart
4liable with your private assets
Michael Beijer


  

Answers


23 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
liable with your private assets


Explanation:
I think either of these would do:

“your private assets are liable for”
“liable with your private assets”

see e.g.:

▶ Unincorporated business structures (Rechtvormen zonder rechtspersoonlijkheid)
In these unincorporated legal forms, you (and your private assets) are liable for the debts of your business.

[...]

▶ Incorporated business structures (Rechtvormen met rechtspersoonlijkheid)
In these incorporated legal forms you and your private assets are, in most cases, protected from the debts of your business.

(https://www.iamexpat.nl/career/entrepreneur-netherlands/how-... )

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Note added at 27 mins (2019-09-19 10:46:37 GMT)
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… in the event of an insolvent estate, you are liable for any debts with your private assets

Michael Beijer
United Kingdom
Local time: 07:17
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 189
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59 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
personally liable


Explanation:
in uw privévermogen aansprakelijk voor de schulden van de overledene
>>
personally liable (to creditors) for the decedent's debts

Kitty Brussaard
Netherlands
Local time: 08:17
Specializes in field
Native speaker of: Native in DutchDutch
PRO pts in category: 152
Grading comment
Many thanks to all who contributed.
Notes to answerer
Asker: Thank you. I do find quite a few examples of this on Google in the context of estates.


Peer comments on this answer (and responses from the answerer)
agree  Tina Vonhof (X)
14 hrs
  -> Thank you, Tina.

agree  philgoddard
18 hrs
  -> Thank you, Phil.

agree  sindy cremer
2 days 20 hrs
  -> Dank je wel, Sindy.
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2 days 4 hrs   confidence: Answerer confidence 5/5
liable in terms of your personal assets


Explanation:
Because of vermogen i would emphasize the fact that it pertains to assets here.


    https://translate.google.com/?langpair=en%7Car#view=home&op=translate&sl=auto&tl=en&text=aansprakelijk%20in%20uw%20priv%C3%A9vermogen
Cillie Swart
South Africa
Local time: 08:17
Specializes in field
Native speaker of: Native in EnglishEnglish
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