I live in Budapest temporarily ,and have an apartment in the city which I bought 7 years ago for rental purposes.
I will be returning to the U.K.to retire shortly and want to make sure that the apartment title transfers to my wife on my death. I have a normal UK will which leaves all my assets to my wife.
My lawyer in Budapest has told me that my UK will is valid in Hungary, but I am not sure what this actually means.
Does this mean that I simply ensure that my apartment in Budapest is stated as a specific asset in my U.K. will, and,on my death, the flat automatically transfers to my wife. Will she not have to actually get the Hungarian Property Title document transferred into her name in Budapest as I will no longer exist.
I appreciate that this is a slightly 'legal' question but all advice welcome.
Ian Moore