# Fideïkommiss (entailed estate)

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- Post ID: 587902
- Modified: 2023-07-25T21:00:44+00:00
- Language: en

## Definition

Property established by private legal transaction that is bound, i.e. basically inalienable, and not mortgageable or indebitable in any form. It is used through time by contractually designated family members one after the other in a chronological sequence determined from the outset. - The primary purpose of the fideïkommiss is to keep assets such as buildings in family ownership as usufruct property through the generations. In Germany, all Fideïkommiss were dissolved by Reich law in 1938. In Switzerland, about twenty Fideïkommisse still exist. - See Family Office, Perpetuities. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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