Avoiding double taxation

Ensuring the distribution of assets according to their wishes

Protecting their assets from creditors

Minimizing estate taxes

Will

Trust

Power of attorney

Living will

To avoid probate

To reduce estate taxes

To protect assets from creditors

To provide for the financial needs of beneficiaries

Revocable living trust

Irrevocable living trust

Charitable trust

Special needs trust

The country where an individual has their permanent residence

The country where an individual was born

The country where an individual has their citizenship

The country where an individual has their primary business interests

Establish a charitable trust

Make gifts to family members during their lifetime

Purchase life insurance policies

Invest in tax-advantaged accounts

To draft legal documents such as wills and trusts

To provide tax advice related to estate planning

To assist with the administration of an estate after death

All of the above

The Convention on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Estates and Inheritances

The Convention on Mutual Administrative Assistance in Tax Matters

The Convention on the Taxation of Income and Capital

The Convention on the Avoidance of Double Taxation with Respect to Taxes on Income and on Capital

The requirement that a certain portion of an estate must be distributed to specific family members

The right of a surviving spouse to inherit a portion of the deceased spouse's estate

The obligation to pay estate taxes before distributing assets to beneficiaries

The authority of a court to appoint an administrator to manage an estate

Obtain a certificate of domicile from their home country

Have their will notarized by a local notary public

Register their will with the local authorities in their home country

All of the above

To protect the assets of one spouse from the other spouse's creditors

To specify how assets will be divided in the event of a divorce

To ensure that both spouses have equal rights to inherit each other's assets

To avoid double taxation of marital assets

Life insurance

Health insurance

Disability insurance

Property insurance

The legal principle that all property acquired during a marriage is jointly owned by both spouses

The right of a surviving spouse to inherit all of the deceased spouse's assets

The obligation to pay estate taxes before distributing assets to beneficiaries

The authority of a court to appoint an administrator to manage an estate

Create a digital will or online estate plan

Provide login credentials and instructions for accessing digital assets to a trusted individual

Use a password manager to securely store and share digital asset information

All of the above