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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...

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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 that...

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