While many individuals are already aware of the importance of estate planning, U.S. citizens who are married to non-U.S. citizens may be unaware of the significant dangers of not having an estate plan in place.
At Castro & Co., we have been helping families who have multinational ties with international tax issues concerning both the properties they own within the United States and those owned internationally.
We can help you establish important emergency estate plan options such as:
- Advance Directives: such as a living will or Durable Power of Attorney for Healthcare, which can help you predetermine the course of your medical care should you become incapacitated from an illness or injury.
- Wills and Trusts: which allow you to direct to whom your assets and property go should you pass away. This is especially important if loved ones in your life are living abroad or aren’t U.S. citizens.
- General Power of Attorney: which allows you to designate someone to act on your behalf with regard to many legal and financial matters. You can determine specifically which areas of your life can be included or excluded from this authority. Importantly, this power ends when you become unable to make decisions due to incapacitation.
- Durable Power of Attorney: which affords many of the same authorities as a General Power of Attorney, but does not expire when you become unable to make your own decisions.
Our international attorneys are well-versed in proven strategies to ensure that your real estate is well-protected especially when issues of estate taxes arise.
As a client of our firm, we are prepared to go above and beyond to create a seamless and legally binding estate plan specifically tailored for you and your family’s needs and goals.
We are here to address all your questions and concerns as well as translate complex legal jargon to help you better understand your rights.
Secure the services of our firm by contacting our international estate planning attorneys at (833) 227-8761 or reaching out to us online. We welcome clients worldwide from our law firms in Washington DC, Miami, Dallas or Orlando.
"Their team provided excellent service, they were professional, very knowledgeable, attentive and provided clear advice/support for my specific situation."
The firm truly defines excellence.Skyler P.
Very great company to work with.Michael H.
For married couples where at least one individual is a non-U.S. citizen, crisis international estate planning includes:
- Last-minute “death bed” estate planning
- Estate planning in the wake of unexpected loss.
Crisis estate planning typically involves the settling of a Qualified Domestic Trust (QDOT). For couples with taxable U.S. estates, a QDOT can provide a tremendous tax benefit when the hardship exception is fully utilized.
How We Can Help
It is never too late to implement an international estate plan. However, time can be an important aspect of the planning options available. Our expertise is one of the many reasons why estate planning attorneys all over the U.S. rely on our international estate planning team.
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