• About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe
No Result
View All Result
Live and Invest Overseas
FREE REPORT
BEST PLACES TO RETIRE
*No spam: We will NEVER give your email address to anyone else.
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
Live and Invest Overseas
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
No Result
View All Result
Live and Invest Overseas
No Result
View All Result
Home Mailbag

Legal & Financial Planning Concerns For Gay Couples Living, Investing, Or Retiring Overseas

Live And Invest Overseas by Live And Invest Overseas
Mar 06, 2013
in Mailbag
0
gay retirement overseas
208
SHARES
3k
VIEWS
Share on FacebookShare on Twitter

“Kathleen, we finished your 52 Days course and feel much more prepared for the new life my partner and I are planning. But we still have a big question we really didn’t expect answered in the course, but now we hope you might have some insight.

“We are a lesbian couple of long standing. We have decided to make this move as we have decided the United States is not the same country of our youth, as I’m sure you have had many people tell you. Like our ancestors, it is time to migrate to a different country where we believe we can live our retirement as free individuals.

“The questions you did not address in the lessons of your course all relate to our relationship. We do not live in a state that recognizes same sex marriage, but do live where domestic partnership is recognized.

“In the United States, we have several legal documents that we have done in hopes they will help protect each of us. These are durable power of attorney for financial and health, trusts and wills for each naming the other as beneficiary, and all bank accounts and real estate holdings are in both names as joint tenants with rights of survivorship.

“Can you tell me if you have any experience with how this relationship can be set up in other countries? Will they allow joint tenants on bank accounts? What about real estate, renting, and so on? Will we have to set up new living trusts and/or wills?

“Our biggest concern is that our co-owned assets are not lost to the surviving partner if and when the inevitable happens.”

–Odie N., United States

You should consult with a local attorney wherever you decide to move. However, the U.S. structures you have set up should continue to serve their original purposes.

Foreign bank accounts can be set up as joint tenants, and foreign real estate can be purchased jointly…or you could put any real estate an entity that is owned by the living trusts.

The complicated part is residency, as each of you will have to qualify separately for whatever residency permits you apply for. You won’t be able to quality with a primary with a dependent, as a married couple can do.

Finally, very important, you will want to create a local will for any assets located in the country where you move.

Continue Reading: Retire To The Beach

Tags: mailbag
Share83Tweet52
Previous Post

Official –Chavez Is Dead

Next Post

Top 10 Countries With The Highest Life Expectancy

Live And Invest Overseas

Live And Invest Overseas

Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

Related Posts

Nohoval Cove, Kensale, County Cork, Ireland
Ireland

The Pros And Cons Of Living And Retiring In Ireland

by Live And Invest Overseas
May 26, 2021
0

“This question is directed to both Kathleen and Lief. “Thank you so much for your recent article about Lahardan House in...

Read more
Nazaré beach resort, Estremadura, Portugal

Retire To The Silver Coast Of Portugal

February 18, 2021
Man bookkeeper working with bills pay taxes online using laptop

How To Do A 1031 Like-Kind Exchange Of Foreign Real Estate

February 15, 2021
Aerial view of Fortress Vila Vella and Badia de Tossa bay at summer in Tossa de Mar on Costa Brava, Catalunya, Spain

Low-Humidity Retire Overseas Options

January 2, 2021
Assisted Living

Assisted Living In Panama

December 11, 2020
Boa constrictor imperator

Malaria, Dengue, Bugs, Spiders, And Snakes In Panama

December 9, 2020
Establishing Retirement Residency In Portugal - Lagos

Establishing Retirement Residency In Portugal

July 6, 2016
Next Post
grandmother

Top 10 Countries With The Highest Life Expectancy

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today.

Start Your New Life Today, Overseas

LIOS Resources


  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs

Quick Links


  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE report: The 10 Best Places To Retire Overseas In 2022

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

No Result
View All Result
  • Home
  • Countries
  • Budgets
  • Archives
  • News
  • Events
  • Bookstore
  • Newsletters
  • About Us
  • Members Area
  • Contact Us

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

The World’s Best Places To Be In 2022?

Discover Them Here…

WANT TO RETIRE OVERSEAS?

Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll immediately send you a free report on the 10 BEST PLACES TO RETIRE in style overseas. Each day you’ll learn about the best opportunities for international living, retiring overseas, offshore diversification and asset protection, and investing in real estate around the world.