Welcome to “Lost in Translation: Blunders in International Estate Planning.” This blog series explores the rarified world of international estate planning, uncovering potential pitfalls and providing insights to navigate the complexities.
Blunder No. 4:  Leaving the United States? Take your Assets with You
When U.S. or non-U.S. citizens who may have spent time working or

The division of international assets during a divorce can be complex due to differing laws and regulations in each country. The process of dividing international assets in a divorce typically involves the following steps:

  • Identification of Assets: Both parties must disclose all international assets, including property, bank accounts, investments, and other assets held abroad.
  • Valuation:
  • Often spouses share joint credit cards during their marriage, or one spouse may be added as an authorized user on the other’s credit card. However, upon separation, one party may continue using the card, leading to significant debt accumulation. 
    When considering divorce or separation, paying prompt special attention to the status of your credit accounts

    Warehouse leases are integral to the operations of businesses within the transportation and shipping industries, providing essential storage hubs for goods in transit. Navigating the legal landscape surrounding warehouse leases requires careful consideration of various factors to protect the interests of both landlords and tenants. From mitigating liability concerns to ensuring regulatory compliance, here are