I'm a US citizen living in Germany and have a Schwab investment account in the US.
The bank does not support adding "foreign" beneficiaries for the account.
My kids are dual citizens and have always lived in Germany.
How can I make sure they will inherit the contents of the Schwab account (and anything else)?
Do I need to contact a lawyer specializing in German/American issues or just an American lawyer in this case?
Would I need to create a trust managed by a relative in the US?
The bank does not support adding "foreign" beneficiaries for the account.
My kids are dual citizens and have always lived in Germany.
How can I make sure they will inherit the contents of the Schwab account (and anything else)?
Do I need to contact a lawyer specializing in German/American issues or just an American lawyer in this case?
Would I need to create a trust managed by a relative in the US?
Statistics: Posted by expatInDE — Wed Sep 11, 2024 12:42 pm — Replies 4 — Views 164