What do I do if I own property in another country?

I'm attorney Amber Jade F. Johnson and you need to know what to do if you own property in another country. The first thing is you do not want to try to include those assets under your United States last will and testament or revocable trust. When you own property in another country, you need to have estate planning documents, such as a last will and testament, in the other country. Your United States will should be limited to the assets located in the United States of America. The reason for this is wills are not one-size-fits-all. It is very difficult to try to administer a United States will out of country or, for example, an out-of-country will in the United States. 
                    
Many times there's translation costs and many times there's lots of questions about which law applies. You want to make sure your United States estate planning documents covers your United States assets and your out-of-country assets are covered by a last will and testament in the other country. 
Share by: