Argentina Probate-Estate Lawyer-Attorney

Probate & Estate Lawyer -Attorney

Argentina Probate-Estate Lawyer-Attorney

Argentina Probate-Estate Lawyer-Attorney

Argentina Probate-Estate Lawyer-Attorney

Argentinian Law Firm specializing in Estate-Probate Law in Argentina

AREAS OF PRACTICE

Estate Planning
Revocable Living Trusts
Wills
Durable Powers of Attorney
Advance Health Care Directive
Probate
Trust Funding
Administration of Trusts
Trust & Probate Litigation
 

Estate Planning in Argentina

First, estate planning refers to planning the distribution of your estate, either before or after your death. In addition, the estate planning documents are referred to as your estate plan. Generally, when an estate planning attorney prepares an estate plan for you, it will usually include some documents. For example, 1) Trust; 2) Will; 3) Durable Power of Attorney; 4) Advance Health Care Directive; 5) Trust Certification, and 6) Other Ancillary Documents.
Probate Attorney

Probate Attorney

Estate Planning Basics 101

In general, estate planning refers to planning the distribution of your estate, either before or after your death. Moreover, the estate planning documents are referred to as your estate plan. Usually, when an Argentine estate planning attorney prepares an estate plan for you, it will consist of the following documents:

  • Argentine Revocable Living Trust
  • Will
  • Durable Power of Attorney
  • Advance Health Care Directive
  • Argentine Trust Certification
  • Other Argentinian miscellaneous documents depending upon your individual situation

Argentina Probate-Estate Lawyer-Attorney

 

While much of estate planning is based upon federal law (estate taxes), certain laws related to estate planning are different from province to province. Consequently, you should consult with an Argentinian estate planning attorney who is familiar with the laws in your area.

The Essential Estate Planning Documents

First of all, the Revocable Living Trust is the cornerstone of all estate planning documents. Indeed, the Trust is a separate legal entity that holds your assets. Even though it is a separate legal entity, it is taxed as if you own all of the assets. In fact, for most purposes, assets in a Revocable Living Trust are treated no different than assets held in your name alone. However, in order for a Trust to be effective, you need to fund your Trust. Essentially, this means that you must transfer your assets (e.g. your house, real property, automobiles, vessels, airplanes, investment accounts, etc.) into the Trust. Moreover, in Argentina, all assets that are held in Trust will not avoid probate.

On the other hand, historically, a testamentary trust (a trust created at death through a Will) was the cornerstone of your estate plan. In fact, nowadays, a Will is used in conjunction with your Living Trust. Besides, the Will is intended to be a catch-all, for all assets that are not in your Trust. In addition, the concept is that any assets that aren’t in the Trust at your death, are caught by your Will and the court’s decisions. Thus, this type of Will is often referred to as a pour-over Will.

As a matter of fact, your Will also serves another important function. Also, the Will is the place in your estate plan where you name the executor/administrator of your estate

The combination of your Trust and your Will prepared by your estate planning lawyers should dispose of all of your estate assets to the beneficiaries of your choosing.

Why Do You Need Other Estate Planning Documents?

Actually, your Durable Power of Attorney allows you to appoint an Agent, also referred to as an “Attorney-in-Fact,” to handle your financial decisions in case of your incapacity. Similarly, an Advance Health Care Directive appoints an Agent to handle your health care decisions in case of your incapacity.

While these are considered the “basic” estate planning documents, there are many estate planning issues that must be discussed in each of these documents.

Advanced Estate Planning

More sophisticated estate planning will also include other types of trusts, such as:

  • Gift trusts
  • Life Insurance Trusts
  • Generation-Skipping Trusts
  • Grantor Retained Annuity Trusts (GRAT)
  • Qualified Personal Residence Trusts (QPRT)
  • Charitable Remainder Trusts (CRT)
  • Charitable Lead Trusts (CLT)

Likewise, other components of estate planning include advice on LLC (SRL) and other entity formation. In addition, property tax reassessment issues, and business succession planning. Also, asset protection planning, and the often-overlooked issue of preparing the next generation for handling wealth.

Why do I need an Estate Plan? Argentina Probate-Estate Lawyer-Attorney

Now that you know what an estate plan is, why do you need one? In fact, there are several reasons to have an estate plan prepared For example, it may include the following:

  • Making Probate easier;
  • Appointing an Executor for your family;
  • Avoiding high payment of estate taxes, income taxes, and property taxes;
  • Avoiding or minimizing family disputes;
  • Protect children or other beneficiaries from divorcing spouses;
  • Asset protection.

Experienced Argentinian Estate Planning Lawyers

Firstly, each Argentine estate planning attorney focuses exclusively in the area of estate planning. In fact, we prepare customized estate plans for clients with a wide range of backgrounds, assets, and goals. To that end, we believe in drafting estate planning documents that you can understand. Besides, we will explain the complexities of the estate and gift tax laws. But also we can provide you with explanations and instructions to assist you in the continued management of your estate plan. In short, we have the experience and expertise to craft estate plans of all levels of sophistication that are not cost-prohibitive.

In fact, if you are interested in preparing an estate plan for yourself or a loved one, contact our offices in Argentina.

Argentina Probate-Estate Lawyer-Attorney

What Does a Probate Lawyer do in Argentina?

In addition, all these questions can be answered by a qualified Estate Attorney.

Above all, with over a decade of experience in the international Argentine legal field, we serve clients in every major area of law.

For further questions, please e-mail us at limeres@limeres.com

+1 (888) 227-7944  (TOLL-FREE IN THE USA)

(USA) +1 (617) 610-2156 –  Mobile in ARG: +54 (911) 4162-0021 – Argentine Lawyers are available 24/7/365 at these phone numbers above.

Argentina Probate-Estate Lawyer-Attorney

Argentina Probate-Estate Lawyer-Attorney

+54 (11) 5263-3262

 

EDIFICIO PUERTA NORTE II
CALLE DEL CAMINANTE 30
NORDELTA, TIGRE 1670
PROVINCIA DE BUENOS AIRES
REPUBLICA ARGENTINA
 








Argentina inheritance Attorney Lawyer

Argentina inheritance Attorney Lawyer

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