Estate Planning

  • Life Estate, Passing Property During Life0

    Although it is a subject that many of us do not want to talk about, it is necessary to plan everything for our eventual death. In our life and current, litigious legal climate, it is of utmost importance that we have our estate sorted out before we go. We must make decisions that help our relatives and loved ones have

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  • Frequently Asked Questions about Wills0

    When it comes to assets and family, wills come to mind. Some of you made us frequent questions about this legal figure and this is a summary of the main topics related to wills: What is a will? A will is a legal means offered by the Costa Rican local regulations whereby people, in full

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  • The Succession Process in Costa Rica0

    There has always been talk of the importance of writing a will due to the multiple benefits that come from having one. Benefits include choosing our heirs, distributing our assets equally, and avoiding future disputes between our relatives. However, little is said about the succession process. What is it? What is it for? Who can

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  • Understanding DNR Orders0

    Do not resuscitate orders, or DNRs, are requests made to the health care providers not to engage in cardiopulmonary resuscitation (CPR) should the heart of their loved ones stops, or if they stop breathing. This should be specifically requested, otherwise, the doctors or hospital staff will try to assist any patient in this situation. When thinking about DNRs, the concept of euthanasia

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  • Trusts As A Means Of Estate Planning0

    Same as wills, testamentary trusts include the people who will receive your assets after you die, allowing you to freely manage them while you are alive. Unlike wills, trusts require you to give up direct ownership of those assets, by transferring them in fiduciary property to another, who is obliged to exercise this duty for your benefit of whoever is designated

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  • The Importance of the Will for Foreigners Who Have Children or Property in the Country0

    Have you ever thought about creating a will in Costa Rica? If you have children or properties in Costa Rica, a will is the best way to guarantee that your assets and children can be fully protected when you have passed. While this is true, many people do not like to think about doing so,

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