In episode 99, we share our journey in navigating a living trust for a foreign beneficiary.
Creating a will or a living trust is something people may think about before heading out on an extended vacation. After two years serving as executor for a living trust, Art shares his story and learning moments.
Legal DisclaimerOne disclaimer - We are not lawyers. We are not legal experts. But we have experiences related to this topic and have gained some learning moments you may have yet to hear about elsewhere. If you want to explore wills and living trusts in more detail, find an attorney to work with to navigate the details with legal guidance.
Topics Discussed in this Episode- Logistics for living trusts with a foreign beneficiary
- Things you can do while alive to facilitate your estate wishes
- Implications of family dynamics
- Language barriers
- Technology differences among cultures
- When financial firms might not work with an executor ...and more
Dealing with Trusts and Wills can get complicated. That’s why we have estate lawyers - to help us navigate the landmines.
If avoidable, we recommend thinking twice before naming a foreign person as a beneficiary. Or, if that's what you want to do, try to set up things in advance to make it easier to transfer your assets after you die.
The Places Where We Go Travel ResourcesThe Places Where We Go Travel Resources
GEAR: Visit our Amazon Storefront for more travel resources, including the items we use.
GET YOUR TRAVEL GEAR HERE! - The Places Where We Go Amazon Storefront
Thanks for your support!
The Places Where We GoPODCAST: Released every other week in your favorite podcast app
WEBSITE & BLOG www.theplaceswherewego.com
INSTAGRAM: https://www.instagram.com/theplaceswherewego
TWITTER: https://twitter.com/theplaceswhere1
FACEBOOK: https://www.facebook.com/ThePlacesWhereWeGo
EMAIL: Write to us at comments@theplaceswherewego.com
We’ll see you at the places where we go.
Julie & Art
AFFILIATE LINK DISCLOSURE
The Places Where We Go contains affiliate links and is a member of the Amazon Services LLC Associates Program. If you make a purchase using one of these Amazon links, we may receive compensation at no extra cost to you. Read our disclaimer and privacy policy for more information.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
The Nikki Glaser Podcast
Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.