Guys
I've been married to a Thai for 20 years, although for work reasons I have been working in the UK for the last 6-7 years while she remained in Thailand. I will retire there in 2026-7.
We own three properties in Thailand. One condo in Bkk in my name and two villages in Jomtien in her name. The condo and one villa is rented; she lives in the other.
She proactively set up a will naming me sole beneficiary of the properties should she die first, so that's fine although it would be a pain in the arse to dispose of the properties within the year. She also wants to set up a usufruct, so I could live in the villas until my death. At that point, i would be more than happy to let her sister inherit the place. In this regard, I'm almost thinking i prefer the idea of a usufruct to a the will, particularly where it comes to property assets.
Question: what would it cost to set up a usufruct via a lawyer? Roughly - anyone been through it?
And: I've had it suggested that it's relatively easy to do yourself. Is that the case, and if so what's the process?