small estate affidavit?

11-23-2006, 09:38 AM

Eric,

Non US citizens can be named the beneficiary of a life insurance policy
whether or not they reside in the States. As for other assets, let me
consult with my estate attorney.

Michael

http://www.michaellamsfuss.com

eric wrote:
- quote -

> 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.

#-1 11-17-2006, 03:10 PM

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.

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