Please note:I'm not a legal or financial professional;
I propose to know nothing about taxes, legal matters or anything
else, for that matter. If you need help, please seek professional
advice. That being said, here are some web resources that I
have found useful.
IRS page for Citizens working abroad
http://www.irs.gov/publications/p54/index.html
This will help you figure out if your earning in Iraq will be
free of taxes from Uncle Sam (the Federal Government). It does not
address state taxes at all.
What is a Durable Power of Attorney?
As defined by the
Missouri Bar Association: (
http://www.mobar.org/pamphlet/durable.htm )
"A power of attorney is a document by which you appoint a
person to act as your agent. An agent is one who has
authorization to act for another person. The person who
appoints the agent is the principal; the agent is also
called the attorney-in-fact. If you have appointed an
agent by a power of attorney, acts of the agent within
the authority spelled out in the power of attorney are
legally binding on you, just as though you performed the
acts yourself. The power of attorney can authorize the
attorney-in-act to perform a single act or a multitude
of acts repeatedly. "
You need to find out what the legal form is
for use in YOUR state.
Yahoo!'s
currency converter (
http://finance.yahoo.com/currency) The Iraqi base monetary unit is
the Iraqi Dinar (IDQ). You can get an estimate of what the going
price currently is for IDQs and also the history of what the price
has been. Please do NOT construe this as advice concerning if
you should or should not purchase IDQs as an investment strategy.
Currently, I believe, you can only make the exchanges in Iraq, itself,
although there may be plans to trade it on the open market later in the
year.
Traveling with your minor children
Notarized Travel Letter
Before your spouse leaves, you may wish to get a notarized
letter of consent to allow you to take your minor children across
state and country borders. Airlines and cruise ships may require
this. (This is a sample, only, and should not be taken to be a legal
document: Sample Letter
of Consent To Travel )
Passports for Minors
If you plan to travel internationally with your minor children,
get their passports before your spouse deploys. Otherwise, you must
have them sign the paperwork in advance for allowing you to obtain
one for them.
