u/OdourBusterCatLitter

I need help finalizing a letter of administration from my moms recent passing. However I don’t have an attorney or agent to help me and need a recommendation for a budget friendly agent/attorney who can just help me with the papers before I submit them. I’m currently overseas and need someone who can meet virtually. Thanks so much for any advice!

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u/OdourBusterCatLitter — 10 days ago
▲ 4 r/Cayman_Islands+1 crossposts

Is it recommended to have a local bank account when selling property in cayman/the brac?

I grew up/was born in cayman but moved overseas in 2019. I recently inherited estates in cayman/the brac but don’t have a cayman bank account if I decide to sell. Do I need one? Or can I accept the sale money into a Wise usd/cad account? But then would I have to pay taxes on it? Not sure how it works tax wise. I’m not certain I want to sell, just pondering my options.

Like I’d prefer to have an account in cayman but if I kept my money there and then transferred some of it at a time to my wise account to use do I have to pay taxes on it either way? Just want to be prepared.

I used to have an account a few years ago with cayman national but it got locked due to inactivity I believe. Thanks for any advice.

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u/OdourBusterCatLitter — 11 days ago

Hi there, this year a family member has passed away and I am the next of kin to inherit land in the brac. However, I am a bit confused on the situation, let me explain.

Her mother and father owned land in the brac, at least a few acres and she was the next of kin as the only child, however she didn’t put the land in her name after they had passed. Am I still eligible to go to the courts for the land parcels to get them in my name? To clarify, she was my parent.

I still have to search her parent’s names at land survey in cayman to get all the parcel info since I only have some of it.

Lastly, the land is land locked, is that still sought after?

I am currently living overseas but will be travelling back soon for a visit to cayman.

Thanks so much for any advice.

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u/OdourBusterCatLitter — 15 days ago