The Latest Articles to Help You Along
Thai Wills hopes that you find these articles helpful in your journey to deciding what is right for you. You turned up here for a reason… right?
What Does my family have to do if I die without a will?
In Thailand, if someone dies without a will, their estate is distributed according to the intestate succession laws outlined in Section 1629 of the Civil and Commercial Code.
The cost of Making a will in Thailand
Creating a will is important, and ThaiWills.com can help. Our online service is affordable and legally valid, with guidance from certified Thai lawyers for peace of mind.
Is there Inheritance Tax in Thailand? An Overview of Inheritance Tax
Thailand's Inheritance Tax Act, enacted in 2016, mandates a tax of 5% on property inherited by descendants or ascendants, and 10% for other statutory heirs, applied when estate values exceed one hundred million baht. Key exemptions include spouses, inheritances intended for religious or educational purposes, and entities under specific international agreements.
What happens if my Thai wife dies in Thailand, to me as a Foreigner?
In Thailand, if a wife dies without leaving a will, the inheritance laws designate the surviving husband as a legal heir, ensuring he may receive the entire estate if there are no other legal heirs. However, if the deceased wife has multiple living spouses, they are required to equally share the assets and property of the deceased.
What to Do When Someone Dies in Thailand
When someone passes away in Thailand, it is mandatory to report the death to the police within 24 hours, followed by a medical examination to determine the cause. If no will is left, Thai Inheritance and Succession laws dictate a structured hierarchy of heirs for distributing the deceased's assets.
Thai Inheritance Law, Can a Foreigner Inherit Property in Thailand?
Navigating property inheritance laws in Thailand can be complex for foreigners, who are allowed to inherit under certain conditions but face several restrictions regarding property ownership. Understanding these legal stipulations and obtaining the necessary permissions is crucial for effectively managing and transferring property ownership in Thailand.
Estate Planning for Unmarried Couples: What Happens if One Partner Dies Without a Will
Under Thai law, intestate succession allocates the estate of a deceased person among legal heirs in six classes, with provisions for spouses and children taking precedence. It is crucial for individuals, whether married or unmarried, to draft a will to ensure their estate is distributed according to their wishes, simplifying the inheritance process.
What is a Last Will and Testament? Why Do I Need One for Thailand?
A Last Will and Testament in Thailand is a crucial legal document that allows individuals to specify how their assets should be distributed upon their death. Without a will, a deceased person's estate will be subject to intestate succession, where state laws dictate the distribution of assets to statutory heirs.
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