When the average monthly pension received during 2023 was 9,600 pesos (less than 600 dollars) according to information from the National Commission of the Retirement System Savings Commission (CONSAR), many seniors struggle to maintain their lifestyle. In an effort to increase their income and remain in their homes, some resort to tapping into the equity built up in their homes through an interesting form of financing: the reverse mortgage.
Categoría: Civil Law
NAVIGATING THE PILLARS OF ESTATE PLANNING IN MEXICO: STRATEGIES FOR SECURING THE FUTURE
Estate planning is a crucial process that allows us to manage our assets, protect our loved ones, and ensure that our will is carried out, even after our death. While the subject may seem daunting, especially at first approach, breaking it down into simple steps can make it more accessible. Below, we will explain the most relevant estate planning strategies.