Thai Last Will and Testament
For many, preparing your estates in case you meet your untimely death is an equally eerie and unsettling kind of recourse. They may find it absurd and unimportant but these reactions should not derail you from preparing your possessions just in case. If you are a foreigner living in Thailand but has prepared a will in your home country for your estates in the Kingdom, it is highly advisable that you prepare another one in Thailand for your properties in the country so that the passing of these to your significant others would go as smoothly as it can be. Smooth disposition of your properties and other assets can even be enhanced if you will enlist the services of a reputable law firm like Siam Legal in drafting your Thai Will.
But why should you hire a law firm to draft your Thai will?It is because the Civil and Commercial Code of Thailand, specifically Section 1646 to 1710, details the qualifications that need to be satisfied first before your Will can be considered as legally enforceable under Thai law. Siam Legal will make sure that the requisites are well covered.
Section 1629 of the Civil and Commercial CodeThe importance of executing a Thai Will has been emphasized in the previous section however the question on who would benefit your estates in case you pass away with no will is yet to be answered. Through Section 1629 of the CCC, the answer to such question can be clarified and it is that your property will be distributed in the following order:
- Brothers and sisters of full blood
- Brothers and sisters of half blood
- Grandfathers and grandmothers
- Uncles and aunts