If you decide to live in Mexico and accrue some assets, then you need to consider a Will. A regular Will covers your worldwide assets and can be made either in your home country or in Mexico. An issue with a regular Will is that “cross border” probate can be very complicated. In Mexico, you can have a legacy Will which only covers your assets in Mexico and your regular Will covers your assets in your home country Some assets can be passed on to your heirs by including them on title (in case of a property) or including them as a named signatory (for bank accounts/investment … [Read more...]
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