Going through probate can already feel overwhelming — and it gets more complicated if there are foreign assets involved.
If you’re in Catalina Foothills, Arizona, here’s a simple guide to help you understand what to do when managing property or money from another country.
1. Make a List of All Foreign Assets
Start by listing every asset located outside the United States.
This may include:
- Homes or land in another country
- Bank accounts or investments overseas
- Business shares or ownership abroad
Having a complete list helps keep everything organized during probate.
2. Check the Local Laws in That Country
Each country has its own rules for inheritance and probate.
You may need a local lawyer or representative in that country to handle ownership transfers or sales correctly.
3. Understand Tax Responsibilities
Foreign assets may be taxed in both countries.
It’s best to work with an accountant who understands international estate taxes to make sure everything is reported properly.
4. Manage or Transfer the Assets
After handling legal and tax matters, you can:
- Transfer ownership to heirs
- Sell and convert assets into U.S. currency
- Keep certain assets abroad (if allowed by law)
5. Get Help from Local Experts
If part of the estate includes real estate in Catalina Foothills, having a Realtor familiar with probate sales can make things easier.
Talk to a Catalina Foothills Probate Real Estate Expert
If you need help selling or managing property during probate, Ryan Comstock, a trusted Realtor with eXp Realty, can guide you every step of the way.
He works with Catalina Foothills families to handle inherited homes smoothly and professionally.
📞 Phone: 520-261-4669
📧 Email: ryancomstock@ryancomstock.com
🌐 Website: www.ryancomstock.com