BajaNomad

Owning in Mexico

BajaBruceFan - 1-14-2008 at 02:26 PM

[Edited on 7-17-2014 by BajaBruceFan]

[Edited on 7-17-2014 by BajaBruceFan]

Osprey - 1-14-2008 at 07:01 PM

I may have some info for you but first: What is a BajaBrucefan?

BajaBruceFan - 1-14-2008 at 10:07 PM

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[Edited on 7-17-2014 by BajaBruceFan]

BMG - 1-14-2008 at 10:26 PM

Quote:
Originally posted by BajaBruceFan
A fan of Baja and Bruce Springsteen, ;)


You passed.:cool:

We were told that we needed to have a Mexican will in addition to a U.S. will. Might be different on a fidocomiso though.

Osprey - 1-15-2008 at 08:18 AM

Wow! The reason you haven't had more answers is because your question is spring loaded. We are gonna have to assume your question relates to proof of ownership of property. Don't know about Canada but in the U.S. deeds are usually Trust Documents with a trustee which transfers ownership as and when it changes thru sales, deaths, divorces, etc. Don't believe Mexico uses Trust Deeds. A search of the board posts might put you onto a law firm in Mexico (Ajijic?) that could help you with questions about deeds. Then on to wills -- in Mexico you'll want a Spanish will and if you've contracted for a bank trust you'll want it to agree completely with the trust documents as to beneficiaries, survivors. I'm not a legal expert but I did sleep under my palapa last night.

Don Alley - 1-15-2008 at 09:06 AM

The beneficiaries of our property are our children. Their names are included as beneficiaries in our fidecomiso and copies of their birth certificates are on file somewhere here in Mexico. In theory they can furnish a notario with their birth certificates, and our death certificates, and get their own fidecomiso for the property without probate or other delays.

capn.sharky - 1-15-2008 at 10:18 AM

You will still need a mexican will drawn up by an abagado in Mexico. Your American will is no good in Mexico. You will have other personal property down there (boat, cars, furniture, etc.) that you will want to pass on. It is not expensive to have a lawyer draw up a simple will. Be safe and not sorry later.

capt. mike - 1-16-2008 at 07:09 AM

what about "joint tendency".......:coolup:

Santiago - 1-16-2008 at 07:31 AM

Quote:
Originally posted by Osprey
I'm not a legal expert but I did sleep under my palapa last night.

:D:D:D:D:D:D