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To begin with, it only depends on them. For example, the first thing is to determine what their goals are for the distribution or the transfer of their assets, either while alive or after death. Once these objectives have been determined, then it is necessary to analyze what they have done or not done so far, including an analysis that assesses whether what they have done continues to meet their objectives at this time.

On the other hand, they need to understand that not making a formal plan does not mean it doesn’t exist, but on the contrary, their assets will be subject to a distribution plan that’s not under their control but the one which the law imposes at the time they die.

As such, every couple with an estate or heirs or beneficiaries in the United States, regardless of their value, must have an asset distribution plan based on a will or a “living trust” at a minimum, and depending on the particular case or value of the assets, then proceed to build a more sophisticated estate plan and tax strategy that suits their needs and meets their objective that has the greatest possible flexibility to adapt to future changes, not only to the originally planned objectives, but also to future legal changes and change in family dynamics.

We Offer Complete International Estate Planning Services

Are you an ultra-wealthy citizen of Mexico or other Latin American country who has considerable investments and assets in the U.S. as well as in your home country? You need to speak with an international estate planning attorney. MEG International is committed to helping you protect your assets, control the distribution of your assets after death, and determine the direction of your business or family after you are gone. Call us at (800) 694-6604 or contact us online today. Do not put off this important decision for later. Our firm will provide you with trustworthy and reliable representation so you can get the peace of mind of having made the right decisions.

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