Thai Will and Testament in Bangkok, Thailand
It is highly suggested that you have a Last will and testament prepared in both your home country and in Thailand. As it is always traumatic to think about your demise. Nevertheless, you should plan in advance concerning your properties, so that matters are in order in case of unfortunate event of your demise. In such inconsolable time, after a death of an individual, the family disputes over the property of the descendent can deteriorate the situation. Hence, it is important to lay out a practically applicable Thai last will and testament to avoid landing your loved ones in stressful situations, in case of any unfortunate mishap that can lead to death.
Typically, under situations of your death in Thailand, regarding your assets in Thailand, the government officer always asks family for a copy of will and demised person’s lawyer is always sought for this document. Having a will to cover all of assets in Thailand and out of Thailand may be tricky, inconvenient and troublesome for the family member as to take effect under Thai law and has to be translated and notarized and certified with relevant government body. Thus, we strongly suggest separate will for your assets in Thailand.
Many times, a person does not even realize that once the contract is signed and initial payment is made property in Thailand becomes of value even before the transfer of such property.
PNP International Legal provides legal assistance for drafting your Thai will. The document will consist of details with regards with of assets in Thailand such as property, bank account, personal valuables items and vehicle.
What happens if there is no will?
If there is no will upon you demise, your assets in Thailand is subject to section 1629 and 1630 of civil and commercial code of Thailand under which six classes of statutory heir and their entitle to inherit are classified under following order
- Descendants;
- Parents;
- Siblings of full blood
- Siblings of half blood
- Grandparents
- Uncles and aunts.
If deceased person is married in such case as per Thai law the surviving spouse is entitled to the inheritance of the deceased. If there is a defendant as an heir surviving or having representative then surviving wife gets same shares same proportion as of children. In any other situation surviving wife gets at least half of assets before it can be distributed to other family members.