Estate Planning
Daily we are exposed to all kinds of situations that sometimes culminate in disputes, as is the case of car accidents and breach of contracts. Such circumstances require that we protect our assets and our investments. Kery Cruz goal is to work closely with our clients to create the most convenient structures for the protection of assets.
Our company also protect your assets by drafting Wills to avoid disputes among family members. Kery Cruz can help you to execute will and administrate it. In case of the abscence of a will, property will be distributed according to the civil law, and not according to the deceased´s intention. Moreover, your executor will be appointed by a judge, following the criteria of the law. If no heir appears before the judge, the Municipality or County in Panama where you are domiciled or where your properties are registered will inherit your estate. In certain cases, if you already have an estate plan you may want a will, as a back-up document to dispose of suddenly acquired property.Wills are always revocable; a new will can be written leaving the previous one without legal effects.