Estate Planning Packages
Overview
Estate planning is a specialized legal field that addresses the unique concerns of expats. We offer a range of packages tailored to meet the individual needs of our clients.
Our comprehensive packages include various wealth management services, providing clients with options at different levels of scope, price, and service. These packages are specifically designed to meet the needs in managing their wealth within the Panamanian context.
The cost of the package will vary depending on the specific services included. Nevertheless, it is a worthwhile investment to safeguard your assets and ensure the proper execution of your wishes upon your passing.
Why is an Estate Planning important for elders in Panama?
- Peace of mind
Comprehensive legacy planning can provide seniors with a sense of peace and security, knowing that their affairs are well-organized and their loved ones will be taken care of after their passing. - Financial security
By safeguarding expat’s assets from creditors and ensuring appropriate financial provisions for their loved ones, wealth preservation and legacy planning offer financial security and stability. - Control over your assets
This type of planning grants seniors full control over how their legacy is managed and distributed. - Avoiding probate
Effective wealth preservation can avoid probate, a potentially cumbersome and costly legal process. This streamlines the transfer of assets, saving time and resources for seniors’ loved ones. - Protect assets from lawsuits or creditors
Legacy planning shields expats assets from potential lawsuits or creditors, safeguarding their hard-earned wealth for their personal use and the benefit of their loved ones.
Here are some specific examples:
- A will can ensure that seniors’ assets are distributed according to their wishes, even if they become incapacitated or die unexpectedly.
- A medical proxy can give someone else the authority to make financial decisions on behalf of an expat if they become incapacitated, while also respecting their medical wishes.
- A trust can help to protect seniors’ assets from creditors or lawsuits.
How can I get started with an Estate Planning Package in Panama?
General Requirements
- Complete the appropriate forms
- If you have a package that includes consultation, have a meeting with us.
Additional Requirements
- Identity documents
- Documentation relating to other assets you own.
Estate Planning Packages
What’s included?
- Will
- Medical Proxy & Medical Wishes
- Letter of Personal Interest and Wishes
Optional Services
- Additional services, when applicable, which are charged separately
- Certificate of Good Mental Health
- Translators
- Custodian of Wills and Wishes
- Executor Service
Add to your order
Please indicate your date of birth.*
Do you have a conversational level of the Spanish language to understand it well and speak it well?
Total:$0
Note:To be able to add to your order, please select your date of birth
Please indicate your date of birth.*
Do you have a conversational level of the Spanish language to understand it well and speak it well?
Total:$0
Note:To be able to add to your order, please select your date of birth
Fees Breakdown
What’s included?
- Will
- Medical Proxy & Medical Wishes
- Letter of Personal Interest and Wishes
- 1 hour of Counseling
- Asset Inventory
- Custodian of Wills and Wishes (one-time fee)
Optional Services
- Additional services, when applicable, which are charged separately
- Certificate of Good Mental Health
- Translators
- Executor Service
Add to your order
Please indicate your date of birth.*
Do you have a conversational level of the Spanish language to understand it well and speak it well?
Total:$0
Note:To be able to add to your order, please select your date of birth
Please indicate your date of birth.*
Do you have a conversational level of the Spanish language to understand it well and speak it well?
Total:$0
Note:To be able to add to your order, please select your date of birth
Fees Breakdown
What’s included?
- Will
- Medical Proxy & Medical Wishes
- Letter of Personal Interest and Wishes
- Asset Inventory
- 2 hours of Counseling
- Private Interest Foundation (With or No Nominees) Learn More
- Custodian of Wills and Wishes (one time fee)
Optional Services
- Additional services, when applicable, which are charged separately
- Certificate of Good Mental Health
- Translators
- Executor Service
- Escrow (minimum 1,500.00USD)
Add to your order
Please indicate your date of birth.*
Do you have a conversational level of the Spanish language to understand it well and speak it well?
Please indicate the type of Private Interest Foundation you wish to use:
Total:$0
Note:To be able to add to your order, please select your date of birth
Please indicate your date of birth.*
Do you have a conversational level of the Spanish language to understand it well and speak it well?
Please indicate the type of Private Interest Foundation you wish to use:
Total:$0
Note:To be able to add to your order, please select your date of birth
Fees Breakdown
Note: For all packages, the option to appoint us as executor is optional and can be selected at the time of ordering, so the system will draw up an executor agreement in this case.
Contact Us
Estate planning holds significant importance in seniors’ financial planning. At Kraemer & Kraemer, we are dedicated to assisting you in safeguarding your assets and ensuring the fulfillment of your wishes. Whether you are a senior or have an elderly family member, it is important to give due consideration.
By working with a Patrimonial and Medical Law attorney, you can make informed decisions tailored to your unique circumstances. We will provide you with comprehensive guidance on your legal rights and available options, and help you develop a personalized plan to protect your interests. Contact us today and take the first step toward securing your future.
We also invite you to read our FAQs if you still have questions about Estate Planning Packages and Patrimonial and Medical Law.
