Early Retirement & Financial Independence Community - View Single Post - Ok, another conundrum: wills & trusts for expats

Texas Proud · 01-12-2006, 03:12 PM

I would read up on the laws of where I was living... and I have no idea on what other countries say about death..

BUT, there are so many different laws in the various states that it is hard to know.. if you die without a will, then the STATE gets to say how your assets are distributed.. and this can lead to a lot of extra money to get it sorted out...

If you have ANY decent amount of assets, get a will !!!! It will save more money than it costs.

01-12-2006, 03:12 PM	#11
Texas Proud Thinks s/he gets paid by the post Join Date: May 2005 Posts: 3,657	I would read up on the laws of where I was living... and I have no idea on what other countries say about death.. BUT, there are so many different laws in the various states that it is hard to know.. if you die without a will, then the STATE gets to say how your assets are distributed.. and this can lead to a lot of extra money to get it sorted out... If you have ANY decent amount of assets, get a will !!!! It will save more money than it costs.