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Types of Properties: Non-Probate Assets

When a person dies there are two types of assets that are created, the probate assets and the non-probate assets. The properties of the deceased that fall under his or her Will is referred to as probate assets. Probate assets are those that have to pass through the...

A Person’s Country of Domicile

Not all assets immediately go to a person’s beneficiaries upon a person’s death, in cases where there are assets located in foreign countries, a person’s country of domicile dictates how these assets will be distributed. Let’s take an in-depth look at the rules...
The Challenge of Tracing Estate Beneficiaries

The Challenge of Tracing Estate Beneficiaries

A person dying intestate leaves his or her property by default under the intestacy rules, this means that the beneficiaries are determined by their relationship to the deceased with the spouse and children taking high priority followed by surviving parents. The...