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Reply to "Inheriting in an obscure country"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here, I don’t think the issue is country specific. What matters is that: -foreigners who don’t speak the language need a guide to be able to get around, unless one is super adventurous/sophisticated which this young man is not; - legal issues need to be taken care of (inheriting and/or selling and then banking the money before transferring them) and it requires at least basic knowledge of the local language or again, a guide. The mom has friends there but they are her age. Their kids don’t know the young man that well, and most of them don’t speak English that well. She has relatives and friends in the US as well, but again they are her age and who knows if they’ll be able to accompany her son to the funeral? [/quote] I was in this situation (as a heir). What you need is to line up a couple of lawyers or notaries (whoever handles such things in that country) and establish a relationship with them, communicating maybe once a year, the mom should initiate it. You need more than one because things happen - my lawyer passed away in the middle of handling my inheritance, so ideally it will be some sort of partnership office. It's hard logistically and emotionally to line things up when you are grieving, and lots of various grifters are out to get you. In my case, the relative didn't die right away, but we knew it was coming, so had a bit of time to talk to different people. It would have been much better if we had established contacts there. That said, you have to accept that you will never be able to deal with the property as advantageously as someone native to the country and living there. You will sell it for less and you will get fleeced somewhere along the way.[/quote] PP. I did not have to travel at all, if that's your concern. My lawyer had the power of attorney or whatever the local equivalent, and just sent me the money once it was all settled, including goingthrough the accounts of the deceased lawyer.[/quote]
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