Quizzes & Puzzles5 mins ago
Testament: Trans-European For Full Authority Over My Bank Account
Situation: I live in Germany and a few years ago gave my brother full authority over my bank account
__Now, I want to write a testament, ensuring that he is still nominated for complete access to my account; then he'll transfer all monies there to his UK bank.
__How does one achieve this between countries, please?
__Now, I want to write a testament, ensuring that he is still nominated for complete access to my account; then he'll transfer all monies there to his UK bank.
__How does one achieve this between countries, please?
Answers
Best Answer
No best answer has yet been selected by gl556tr. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I have decided that both you and the bank account is in Germany and in the event of your death you want your brother to take the German money account and import it to England.
You go to a German lawyer and write a German will instructing him to do that.
This advice assumes that under German law of succession you can do that . Napoleonic code ( they say) you can only leave around one tenth to one fifth of your stuff outside the family in the event of your death. ( but none of us in England write French wills )
You have used the word "testament" which i have concluded you mean the English word 'will'. This is a document that only takes effect on your death.
Transferring money between countries is a just a question of telling a bank to do it
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.