Thursday, June 16, 2016

Great View from Custom Condo $134,900

   SOLD !   Beautiful Condo Facing Large Park
   Convenient location just south of Centro, in walking distance.  Gringo style condo with 3 bedrooms, 3 full bathrooms, walk in closet,  laminate flooring, granite and tile kitchen, open living and dining area, pantry, spacious kitchen with large GE oven, many cabinets, newer refrigerator and dishwasher. Approximately 130 square meters or 1400 Sq feet.  Also has a bodega and garage space.  Good neighbors too.
   Large windows with good views in all directions, located two blocks from Solano and Remigio Crespo.  The neighborhood is quiet and close to Monte Sinai hospital, many restaurants, and bus stops.  Across from a large newly remodeled park and safe with 24 hour guards.  Two blocks south of Pizza Hut.  $134,900  Some furniture negotiable.   098-599 4299                             USA (828)367-4321

Saturday, May 28, 2016

2015 IRS FBAR report due June 30, 2016

                                 FBAR for fun and and protection?

The nice government men  request we tell them annually all about our foreign financial holdings. The Form 114  needs to be filed by June 30.  This year you must file it electronically.  Then you will receive a confirmation email from the IRS. Keep a copy for your records.  The gentle penalties can be up to half of your account balance (willful fraud)!

       Go to :
You will see the official site with instructions.  
Click on   PDF form "Start now", 
If at any time during the year you have a total of over $10,000 in financial institutions (including Banks, Credit unions, Coops, etc.) you must file by June 30 (no extensions). Over $150,000 (joint return) requires a different form.

The Form 114 must show the highest balance for each account during 2015.

Note:  Form 114A does need to be filed.
   FinCEN form 114 (866) 270-0733
The IRS helps number for FBAR is (866) 346-9478

Friday, February 26, 2016

Cuenca Suite, a musical picture of our home

Cuenca Suite

Hello Friends!
During our first year in Ecuador in 2011, Sue wrote a piece of music entitled, “Cuenca Suite.”  She recorded it at Big Crowd Music owned by Pablo Lozano, recording engineer in Cuenca.

So, let's post it again to be refreshed.
Imagine running through green pastures with glorious sunlight, or up the “Cajas” near this beautiful city, Cuenca – OR perhaps listening to the rushing waters of the four rivers.  

Whatever – just hope you simply enjoy!

Monday, January 4, 2016

Acute Care, Long Term Care and End of Life Planning in Ecuador

Acute Care, Long Term Care and End of Life Planning in Ecuador
                             Five Documents: 
1.     A will (depending on complexity of estate)
2.     Power of Attorney (POA)
3.     Declaration for remains; register of death by blood relative
4.     Five wishes form describes instructions for survivors, burial, etc.
5.     Patient data form

The Ecuadoran system assumes that the patient comes from a large family and has many nearby blood relatives.  A blood relative is required for registration of death.  A blood relative does not includes the spouse.  A Health Care POA might serve this purpose.  Declaration for Remains may be included in your POA.

Hospital nurses may resemble aids in their training and practice.  They usually do not have access to patient records, prescriptions or current treatments.  They may visit the patient every hour or two.  Therefore it is necessary to have a friend in the patient’s room to monitor health.  Two POAs are preferred since they may be called upon at any moment to request patient care or obtain information.

The POA document must be in Spanish (with English copies).  Three originals of each are necessary to cover patient and two trusted friends to manage care.

The patient data form should include the following information:
       1.     Name and Cedula number
       2. Street Address with directions
       3. Phone numbers
       4.     Primary care physician with phone number
       5.     Specialist with phone number
       6.     Blood Type
       7.     Current prescriptions; any allergies to meds
       8.   Medical history:  Current and past
       9.    Family medical history if related to patient’s condition
      10.           POA #1 and POA #2 Name, Phone number and Address

If an ambulance is needed quickly, call a taxi.  The ambulance provider will slow things dramatically requiring much medical information on the phone and upon arrival.  If immediate life-saving procedures are essential, you may want to call the ambulance and provide the patient data form.

Death Registry may require a doctor certificate (death certificate), certificate or cremation or burial, declaration for remains, original Cedula and POA.

   As usual, verify all information with your attorney. Laws and practice are constantly changing.