September is normally a month recognized by the Mexican Independence festivities, which fill the streets of Valladolid with joy and colour but in this current environment of Covid-19, it will be a much more muted affair. it is also essential to know that September is the month best month to make a will!
If you are a foreigner living in Mexico, it is essential to know that Mexican assets have to be in a Mexican will a foreign will not suffice for Mexican courts, and can cause your loved ones untold trouble that may take years to address.
Even if you have a foreign will, this document has to be notarized, apostilled, and translated to Spanish by a Mexican legal translator. In the case of you doing all of the above steps, you still need to go to court to certify your foreign will in Mexico which might take from 4-6 months.
Testament Month in Yucatan: What is it?
A will is a necessary document to take care of family assets. When a person dies without a will, surviving family members have to spend time, money, and effort on long legal processes to get control of any properties or belongings left behind.
During September, the state government eliminates the payment of rights, and this allows you to lower prices by up to 50%, a considerable discount!
September month of the Testament in Yucatan: How much does it cost?
With the discounts applied during September, the price of the will is 1800 pesos. There is an additional discount for people with disabilities or people over 65: only 1500 pesos!
But I have no money! How will I spend on a Testament?
The Yucatan government offers the option for people without resources: the Holografico testament. This document is done by hand, and it is free during September.
If you think that there is a difference between the Testament before a notary and the handwritten one, you are wrong! Both have the same validity at a court of law.
I’m interested in making a handwritten Testament, what do I need to do?
1. Go to the State Notarial Archive and request the support guide to carry out the Testament.
2. Write the Testament by hand. (2 originals)
3. Write the date and signature on both copies of the will.
4. Pay the corresponding fee in the collection boxes of the Yucatan Fiscal Administration Agency.
5. Collect your Testament.
1.-Being capable of expressing your will
2.-18 years old or older
3. Write the Testament in Spanish: it is necessary to know how to read and write in Spanish
4. Write two copies of the will by hand
5. Present birth certificate, copy of voter card or other photo identification, and copy of the CURP.
6. Payment of the right in the collection boxes of the Fiscal Administration Agency of Yucatan.
Forming an estate is essential, and knowing with certainty that our properties will go to our favorite people should be a priority.
Without a will, your family will need to go to court and have a lengthy trial to get any assets you might have left.
Even if talking about a will makes you nervous, having a will is the only way to make sure your property will end in the right hands!
Here at Casas en Valladolid, we can help you build your find the best Real Estate in Valladolid Yucatan, contact us! We are the only agents trained and certified by AMPI and RED CONOCER, we are also 100% bilingual… so we speak the same language!