THOUGHT OF THE WEEK Assets in a foreign country and your will

Should you have a separate will in respect of assets in a foreign country or can you have one will to deal with all assets wherever in the world they may be?

It is possible to have one will which deals with your worldwide estate. However, succession law and the procedures which have to be followed with regard to estate administration differ from country to country and it is therefore recommended that a person has a separate will drawn by an expert in the relevant law of each country where he or she has assets.

Contact our professionals for further information.