Date: Fri, 17 Nov 2006 10:10:14 -0600
From: "eric"
Newsgroups: misc.invest.financial-plan
Subject: small estate affidavit?
posting-account=PyQ1_w0AAAAJ-TiJmfi4ctKs0B5HZ1uH
iQBVAwUARV3e5/l/I4+O31e5AQG3bQIA1rMhbc+VIHz/PL/hK2y4RC5GQP4ydrTc
XAwyh/ba9uMnphxzNiusOQJUEWQsfID8Kg31VOCrIc4Mm92JrsYk0A==
=Hqf9
Hi,
what is the best way to transfer small assets (less than $100,000) to
one's beneficiaries at death, if the beneficiaries are not US citizens
and live outside the US?
I understand that in California the assets can be collected simply with
a Small Estate Affidavit. Is this possible also if the beneficiaries
live abroad? If so, how does the claiming procedure work? Is a will
necessary?
Would a payable on death bank account be better?
thanks.
|