Property Inheritance

nigorv

New member
Jul 11, 2008
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I?m about to close the deal and obtain title for my condo in Cabarete. I?m planning to get the title on my name not on a corporation (just don?t want to deal with all accounting necessities every year) The question what is the process of inheritance in DR. Would it make any sense to include my adult daughter (she is not a resident) in the title to make inheritance process more simple in the future?
 

Fabio J. Guzman

DR1 Expert
Jan 1, 2002
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It is cumbersome because it requires a change of ownership (change of title) from you to your heirs.

Also, there are some risks in your proposed solution: What if your daughter has children and predeceases you?

The corporate route is still the best.