You’ve probably drawn up a will in your country of residence, but if you have assets anywhere else in the world-especially real estate-you may need more than one will.

The reason is simple. Whenever any form of real estate is involved, the laws where the property is located generally take precedence. This legislation may be very different from the laws in your country. For example, in some jurisdictions only certain family members can inherit land.

In cases where your will may not be enforceable in a foreign country, you’ll need to consult an expert in that jurisdiction. Working with that advisor, you’ll probably need to prepare a will with form and terms acceptable in that country. Even in cases where you don’t require a second will, you may need a resident of the foreign country to act as executor. This should be reflected in your domestic will.

See also…

Wills and Trusts