Wills and Powers of Attorney
An international will is necessary for those who have assets in more than one country, including offshore assets.
A will is only valid in the country in which it was written – and as the laws of probate vary from country to country, without an international will, the distribution of your assets could be a complex and lengthy business. For example, while the law of England and Wales decides on how assets will be passed on according to domicile, other countries may consider the deceased’s nationality or where they held assets in considering how an estate should be distributed.
Different countries also have varying positions on the distribution of moveable assets (valuables or possessions), as well as those considered to be immoveable, such as property or land.
Making an international will resolves the problem of holding assets in different jurisdictions.
It is probably highly likely that you are already starting to accumulate wealth, which will undoubtedly only increase over time. To protect your estate and ensure that only those people that you wish benefit from this estate, wills are essential.