Chances are that my dominican wife will survive me.
Although I have after eleven years of marriage all the trust in the world for her I would prefer that all property will be owned by our three children with slightly different divisions. I want to make sure that my wife will benefit from the rentals after I 'd left this planet but has not the power to sell or mortgage any existing property.
She is a great and loyal person and we have been able to keep the greedy part of the family at bay but who really knows when bad ideas could without my physical and psychological presence give influence from the wrong side of the family that is luckily hiding away from us after they already stole some property from my wife when her father died some ten years ago.
After that they came up with some crappy buisiness ideas for a family mausoleum.
My wife owns about 30 square feet at a local cementary given by an aunt in the capital. I told her in any case not to worry about my remains when the time has come and to burn whatever is left of me and throw it in the next garbage can.
The leeches of her father's side leave us pretty much alone but I know they are only hiding.
I must explain that the people from my mother in laws side are all very honest, never ask me for a dime, are helpful and extremely well behaved.
All our property is in my name. How would effect me the usufruct document taxwise. Would it be better to found a company and pass it to the kids when they are older ?
Although I have after eleven years of marriage all the trust in the world for her I would prefer that all property will be owned by our three children with slightly different divisions. I want to make sure that my wife will benefit from the rentals after I 'd left this planet but has not the power to sell or mortgage any existing property.
She is a great and loyal person and we have been able to keep the greedy part of the family at bay but who really knows when bad ideas could without my physical and psychological presence give influence from the wrong side of the family that is luckily hiding away from us after they already stole some property from my wife when her father died some ten years ago.
After that they came up with some crappy buisiness ideas for a family mausoleum.
My wife owns about 30 square feet at a local cementary given by an aunt in the capital. I told her in any case not to worry about my remains when the time has come and to burn whatever is left of me and throw it in the next garbage can.
The leeches of her father's side leave us pretty much alone but I know they are only hiding.
I must explain that the people from my mother in laws side are all very honest, never ask me for a dime, are helpful and extremely well behaved.
All our property is in my name. How would effect me the usufruct document taxwise. Would it be better to found a company and pass it to the kids when they are older ?