Wills in Ecuador: Do You Need One?

While laws in Ecuador are always changing, Ecuador DOES generally respect Ecuadorian Wills made in accordance with the specific law at the time, that any particular Last Will & Testament comports with. It is very importantly to note that a US Will (or other foreign Will) does NOT generally take the place of an Ecuadorian Will; particularly because certain requirements exist in Ecuador as far as how and when assets must be disposed of at death (or specific percentages thereof). A good example of this, is that US Wills, by both state and statute, are often more flexible in terms…

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