Will US Estate Planning Documents Work in Other Countries?
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Q. My parents and my husband and I are all considering relocating to Lake Chapala in Mexico, which is a very popular retirement location for Americans because of the low cost of living, sunshine, accessibility, established expat communities, and diversity of living options. Even though my parents will be going there as retirees, my husband and I both work remotely, and our
children are both adults — one living in Los Angeles and the other in Houston — so we are planning to move to Lake Chapala also, at least for 5 to 10 years. I was wondering … as US Citizens living abroad, will the estate planning documents we executed with you here in the US still work for us in another country? Also, my husband and I are considering buying a home there in Mexico where we and my parents can live, and we might wind up eventually moving back to United States and renting the home
in Mexico. Will our trust that you drafted here in Virginia be able to deal with real estate in Mexico? Thanks for your help!
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Critter Corner: Estate Planning for Cryptocurrency
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A couple years ago, I started investing in Bitcoin. It’s value has increased a lot and I want to include it in my estate planning. What should I know when it comes to developing an estate plan for cryptocurrency?
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