Do
I need a will if I stay overseas for a long time?
What would I
need one for?
Ask an
attorney in your home country, in your province/state.
Laws vary a lot from place to place. A will would be
important if you have saved a substantial amount,
invested a bit, and/or bought some real estate.
A will would
particularly be important if you have invested and saved
and are married or have family you care about.
Most people
who stay overseas, have at one time or another, saved
some serious money by putting in a long stretch in the
Middle East, Korea, or Japan. Most of us have bought
real estate and have investments we have organized for
our later years. Protect those investments and see what
you need to do to pass them to the person or people of
your choice - should you leave this earth suddenly.
Protect
those things that you have worked long and hard for,
make sure they get passed to the people you would
prefer. Don't leave it to a government official to
decide - okay?
Just because
your are working and living overseas - don't overlook
good financial planning. See that section on this
website also (Section 11: Planning for your Financial
Success).
