Posts Tagged ‘Thailand succession’
Inheritance and Last Will and Testament legal aspects in Thailand

INHERITANCE in Thailand by legal succession or will

It is not required by law to make a will in Thailand, but by making a will you decide what happens to your assets and possessions (the estate) when you die. If you die without a last will or testament the statutory rights of succession will determine what happens to your estate after your death. Without a will your assets will be distributed according to the law rather than your wishes.

By making a legal Thai will you decide how your estate in Thailand is passed on to family and friends when you die. For example, if you are unmarried your Thai partner may not be entitled to anything based on statutory inheritance laws, but in a last will you can leave property and possession to your partner. You can also exclude persons in the will who would otherwise be entitled to assets based on statutory succession laws.

VN:F [1.9.13_1145]
Rating: 0.0/5 (0 votes cast)
Share
Read more ...