Succession & Estate Law in the Philippines

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Dave Hounddriver
Posted
Posted
6 minutes ago, Kingpin said:

If "You" = the foreign widower, please link  a source.

This thread was started and added to by an expert in Philippine Succession and Estate Law.  this thread IS the source.

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Kingpin
Posted
Posted (edited)
On 4/11/2017 at 5:59 AM, jrlee183 said:

Sections 7 Article XII of the Constitution : Save in cases of hereditary succession, no private lands shall be transferred or conveyed except to individuals, corporations, or associations qualified to acquire or hold lands of the public domain.

There it is, that's what I get for reading the thread last page to first.

Quote

"Best solution for this is that you sign a long term renewable lease (25 or 50 years) that would legally entitle you to remain in the property even if it is sold."

Except you can't lease from your wife.

Edited by Kingpin
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Dave Hounddriver
Posted
Posted (edited)
13 minutes ago, Kingpin said:

My understanding

Would you care to state your credentials?  Read post 1 to see the credentials of the thread author.  As the former owner of this forum, his bona fides have been established.

Edited by Dave Hounddriver
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Jack Peterson
Posted
Posted
5 hours ago, Kingpin said:

please link  a source.

you can pick this up line; 

 Under Philippine Land Inheritance Law he can inherit her property (including land), subject to the shares of her surviving relatives: 1) If the Filipina wife were to pass away and none of her parents or siblings are still living, the foreign widower would be entitled to his wife's entire Estate.May 31, 2022

 

Can a foreigner inherit land in the Philippines?

https://lawyerphilippines.org › can-a-foreigner-inherit-lan...

Answer: Under Philippine Land Inheritance Law he can inherit her property (including land), subject to the shares of her surviving relatives: 1) If the Filipina wife were to pass away and none of her parents or siblings are still living, the foreign widower would be entitled to his wife's entire Estate.May 31, 2022

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Kingpin
Posted
Posted

I already found the posted source I was looking for and edited accordingly.

With regards to this.

On 4/9/2017 at 10:54 AM, jrlee183 said:

 Overseas bank account - you can set up an offshore bank account (again in joint names with your wife/partner) that the BIR would not have any authority to freeze.

The problem here is US banks need SS#, though if your child in the Philippines has one, they could be a joint account holder and/or beneficiary, and that would be one way to avoid the 'forced heirs' situation.

The other would be to purchase a lot in the Philippines under just one child's name, once they turn 18.

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