Jungle Jim
Active member
I'm staying with a friend in Portugal who is trying to sort her will out. Her estate will be mostly her house here and a bit of cash. She has three grown-up offspring (all UK resident), two are no problem and will be left the house but the third has some issues which means she is vulnerable, so she will be left some cash to be controlled and issued from a trust. My friend needs to make sure that if offspring number three gets 'got at' by a gold-digger who tries to challenge for a share of the house that the will leaves everything as she wishes.
Does anyone know the best way to go about this? Is it draw up an English will with some form of Portuguese codicil or vice versa? We have heard that under Portuguese law the estate can be allocated to all offspring on an equal share basis.
Does anyone have any recommendations for a person/company in Portugal that would be good for arranging this sort of thing? We're located up in the hills north of Faro.
We are talking to a chap at the moment, but he is suggesting that his company should be a trustee of the trust, and something rings warning bells about that. Previous horror stories of banks being executors or trustees and everything going in fees, perhaps? Are we being a bit too cynical here?
Does anyone know the best way to go about this? Is it draw up an English will with some form of Portuguese codicil or vice versa? We have heard that under Portuguese law the estate can be allocated to all offspring on an equal share basis.
Does anyone have any recommendations for a person/company in Portugal that would be good for arranging this sort of thing? We're located up in the hills north of Faro.
We are talking to a chap at the moment, but he is suggesting that his company should be a trustee of the trust, and something rings warning bells about that. Previous horror stories of banks being executors or trustees and everything going in fees, perhaps? Are we being a bit too cynical here?