If you want to make your last will in Panama, you should follow these steps:
- Consult with a Panamanian lawyer: The first step to making a last will and testament in Panama is to consult with a Panamanian lawyer who specializes in estate planning. They can help you understand the legal requirements and procedures for making a will in Panama.
- Determine the contents of your will: Decide what you want to include in your will, such as who you want to inherit your assets and how you want your assets to be distributed.
- Draft the will: Your lawyer will draft your will in accordance with Panama’s laws and regulations. The will must be written in Spanish, signed by you and two witnesses, and legalized by a Panamanian notary public.
- Language barrier: If the testator or grantor is not fluent in Spanish, he/she must be assisted by two authorized public interpreters during the notarial act in Panama.
- Store the will: You should keep the original copy of your will in a safe and secure place, such as a safe deposit box or a fireproof safe. You should also provide a copy of the will to your lawyer, executor or a trusted family member.
It is important to note that the requirements and procedures for making a last will in Panama may vary depending on your specific circumstances, such as your age or legal capacity. Therefore, it is highly recommended that you consult with a Panamanian attorney who can guide you through the process and ensure that your will is legally valid and enforceable.
If you need to hire a lawyer or a certified interpreter in Panama, please send us an email.