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I have an awkward question for the older people

I'm just wondering...( and please don't take this wrong) 

Much of the  expat community in Boquete as well as in other places in Panama are 60, 70 and some 80 years of age. What will happen 15-20 years from now? Do the elderly move back to their native USA, Canada or Europe? What happens when an elderly expat dies in Panama has no heirs and owns personal property? I know in the USA a public administrator does their diligence to locate next of kin and distributes assets. What about in Panama for expats?

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  • Someone should investigate the option of donations to medical science, for example for medical teaching purposes here in Panama. 

    Does anyone even know about organ donation?  In many places, if you essentially donate your entire body then disposal is taken care of. 

    So instead of being someone else's headache, you could become someone's lifesaving benefactor (or a teacher of someone who might go on to save many lives). 

  • This reply was deleted.
    • Ross, I don't know who would give you permission to live there.
      These directions may not be 100% accurate as I haven't been there in many years.
      Stay to the left when going past the school and bridge in Arriba.
      Continue until you come to an intersection where one road goes to Cabecera de Cochea.
      Take a left there and the property is not too far along the right.
      Electric post and service is on the corner of the lot.
      Long rising driveway that hooks to the right.
      Two homes.
      • This reply was deleted.
        • Ross, Just saw the new movie "Annie" ..it says "you are right"!

          I believe that too.

          "Anything is Possible' and "Opportunity".(Songs from the movie)

          Buena Suerte and I mean that.

          E

        • Ross, you'd be surprised what you can get for a whole lot of money!

  • In Canada we have Memorial societies, where people pay up front some reasonable amount, which I assume is invested, and then are guaranteed simple disposal expenses when needed.  Is it feasible that someone could do this here? 

    When people sign up, would be an excellent time to suggest wills, estate planning, medical powers of attorney and other aspects of end of life care. 

    • Somebody already ran a scam on that one, unfortunately.
      • I can see how it might be abused.  However, does that preclude a group of known and trustworthy individuals from setting up an honest arrangement? 

  • Penny, after moving to Panama, can one cancel their Medicare Part B

    and benefit from another $100+ in their SS check?

    • Yes, Doug, but if you ever decide to go back to the States and re-enroll, you pay a penalty of 10% a year for every year that you were not enrolled.

  • Do vehicle titles have to be notarized here?  Just curious.  Sounds like you have a great plan in place.

This reply was deleted.

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