US and Israeli Wills, Trusts, and Estates Lawyer in Israel
Israeli and Americans who live in Israel who plan their plantations in an acceptable way by American and Israeli courts can switch to David Page’s law for their plantation planning needs. If you are a citizen of one or both countries, it is very important to use the service of US and Israeli will, guardianship and plantation lawyers in Israel to ensure that the legal requirements of the two countries are met.
Wills, Trusts and Estates
Many people think that wills, trusts and estate planning is one and the same thing but that’s not true.
- Will — A will is a legal document that sets forth your wishes regarding the distribution of your property and the care of any minor children in the event that you die or are incapacitated. If you don’t have a will, your wishes may not be carried out and your heirs may end up spending money, time, money and emotional energy in an effort to settle your affairs.
- Trust – when you create a trust you give a trustee the responsibility of managing property or assets for the benefit of a third party. You might want to create a trust for your children or for a family member or friend who is unable to manage his/her own affairs,
- Estate Planning – an estate plan is a combination of a will and a trust. With an estate plan you lay out your wishes regarding the distribution of your estate after your death.
Dying Intestate
If you die a will (without planning your inheritance or writing a will in Israel or the United States, a will will control the distribution of your assets. Assets will be distributed to your beneficiaries in accordance with the law of succession. However, this increases the level of documents, can take years to complete and may involve an increase in inheritance or inheritance tax.
Using a licensed lawyer to practice both in the United States and in Israel can help you avoid all these problems when you make your plantation plans. David Page Law can help you compile your will, trust, or planned plantation in a way that ensures that it will be accepted by American and Israeli courts so that you can hope to leave your heirs with peace of mind.
By failing to prepare your inheritance, the decision regarding the distribution of plantations will be abandoned in the hands of judges or state officials, which result in delay and unnecessary expenses.
Creating an US-Israel Will, Trust or Estate Plan with a Competent Lawyer
When you make a will, trust or plantation plan with the law of David Page, you will be able to determine who gets how much your assets, wherever you are where the assets are, the country where you live when you set your plantation plan or the country of place The heirs live. If you have small children or paralyzed, you can leave instructions for their care. You can direct some of your assets to charity organizations if you want and save on American and Israeli heritage tax.
