Dealing with probate can already be a challenge — and it becomes even more complex when foreign assets are involved.
If you live in Tucson, Arizona, and are handling an estate that includes property or money from another country, here’s an easy guide to help you understand the process.
1. Identify All Foreign Assets
Start by listing every asset located outside the U.S.
This can include:
- Real estate in another country
- Foreign bank accounts
- Investments or business shares abroad
Having a clear list helps avoid delays in the probate process.
2. Check the Country’s Local Laws
Every country has its own inheritance and probate laws.
You may need to work with a lawyer or representative in that country to transfer ownership or release funds.
3. Confirm Tax Obligations
Foreign assets might be subject to taxes both in the U.S. and the country where the asset is located.
It’s best to get professional advice from an accountant who understands international estate tax laws.
4. Convert or Transfer Assets
Once taxes and legal steps are completed, the foreign assets can be:
- Transferred to heirs
- Sold and converted to cash
- Brought under U.S. management (if allowed)
5. Work With a Local Probate and Real Estate Expert
If the estate also includes property in Tucson, you’ll want local help.
A Realtor experienced in probate sales can help you manage, sell, or value real estate during the process.
Talk to a Tucson Probate Real Estate Expert
If you’re handling a probate case with real estate in Tucson, Ryan Comstock, Realtor with eXp Realty, can guide you.
He helps families handle inherited homes and probate properties smoothly and with care.
📞 Phone: 520-261-4669
📧 Email: ryancomstock@ryancomstock.com
🌐 Website: www.ryancomstock.com