Quantcast
Channel: Sunbelt Legal Advisors » FAQs
Viewing all articles
Browse latest Browse all 27

A will for overseas assets

0
0

Question from a client:  I am an Australian with a Thai wife (only a Buddhist ceremony so far but marriage at Amphur on the way).  I have assets in Australia & Thailand along with a joint account with my wife in Thailand.  Is my current will in Australia valid in Thailand as well in the unfortunate event of my demise?  Do I need to have 2 wills in effect in order for her to access the funds for the joint account & other assets in Thailand without a lengthy legal process?  My superannuation fund has already got locked in clauses regarding beneficiaries and assure me that all concerned will receive the percentages stipulated regardless of what part of the world they live in.  Basically, I want to make sure there will be no need for ongoing legal issues in the future (that I will not be part of) that can be avoided.  Any help would be appreciated.

Sunbelt Asia Legal Advisors responds:

A will in Australia covers those assets in Australia while a will under Thai law covers your assets in Thailand, it can also cover the funeral arrangements should you pass away in Thailand. You will need to appoint an executor for the will and your wife will need to show a death certificate and a copy of the will and marriage license in order to access the joint bank accounts after your death.

You will need to execute two wills; one in Australia and one in Thailand. Sunbelt Asia Legal Advisors has extensive experience in writing wills for foreigners living in Thailand and can ensure that it is written so as to be executed according to your wishes.

The post A will for overseas assets appeared first on Sunbelt Legal Advisors.


Viewing all articles
Browse latest Browse all 27

Latest Images

Trending Articles





Latest Images