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Ask The Banker: Foreign wills generally not valid in US

KEZI 9 News talked to Ron Green with Oregon Pacific Bank to learn more.

Posted: Dec 3, 2018 4:53 PM

EUGENE, Ore. -- Wills prepared in other countries generally are not valid in the United States, Oregon Pacific Bank President and CEO Ron Green said.

Is a will drawn up in Australia valid in the U.S.?

Green said he’s not an attorney but generally, the answer is no. If a will, or any kind of estate document, is prepared in a foreign country, it is only valid in that country.

If you are a former resident of Australia and had a will drawn up there and want your wishes to be fulfilled after you pass in the U.S., the best advice is to get an attorney.

An attorney can assist with drawing up a new will or can at least take a look at the existing one. They can give you a correct answer, Green said.

If you have a banking or finance question for Ron Green, click here.

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