Tuesday, November 23, 2010
Deportation Action Plans
I recently heard a story on NPR concerning "deportation wills." When someone is deported, he may have substantial assets that need to be disposed of appropriately. For example, someone may own a house, a car, a business, some real estate. He may have children. A deportation action plan is a combination of legal instruments designed to protect a deported person's assets and children. It could involve setting up trusts for property, guardianships for children, powers of attorney, contracts to protect business interests, and probably much more. This seems to be a very new area and there is not much information on it. If anyone has any thoughts about this topic, they would be very much appreciated.
Subscribe to:
Post Comments (Atom)
Posts
I have become a “plan for the worst live for the best” kind of person and Deportation Wills seem to fit this mentality quite well. The more I learn about everything people have to go through to immigrate here and all that can go wrong; deportation wills are the perfect back up plan. It insures that the life you have set up here can be dismantled in an organized fashion and by your choosing. Your kids and property will go to the people you want them to go to. I think it is a great idea and could fit quite nicely into your business plan. I hope you are able to find more information on it.
ReplyDeleteShana
You do work in the insurance industry, Shana, so your job fits with that part of your personality! Thanks for your comment, and I'll keep you updated.
ReplyDelete