REAL ESTATE SALES & ESTATE PLANNING
Our Services: Real Estate
We’ll help you to find, rent or purchase the perfect property for you. As a nationally based service we are able to help you visit and tour all areas of Panama – from beaches to mountain regions to the big cities. The great thing is that yes, it is legal for foreigners to own titled property in Panama in their personal names, although we normally recommend that clients hold all property in the name of a Panamanian corporation for asset protection and income tax reasons.
But, what follows once you’ve bought your land and home? That’s where our Estate Planning services come in.
Our Services: Estate Planning
We’re glad you’re thinking and planning ahead. From the legal perspective, you own your home and your home is in your name. Once you die, the home is still in your name in the land records where the home is located. We’ll help you to pass your goods on to your children or grandchildren if you wish, when you move on.
Estate planning involves determining how an individual’s assets will be preserved, managed, and distributed after death or in the event they become incapacitated. Planning tasks include making a will, setting up trusts and/or making charitable donations to limit estate taxes, naming an executor and beneficiaries, and setting up funeral arrangements.
Estate planning is the preparation of tasks that serve to manage an individual’s asset base in the event of their incapacitation or death. The planning includes the bequest of assets to heirs and the settlement of estate taxes. Most estate plans are set up with the help of an attorney experienced in estate law.