Okay I know this is a touchy subject and something nobody wants to think about... Myself and a couple of my expats were wondering about this... Worse case scenario and something we all hope never happens...
I am 70 years old and my wife is 39 so I am pretty sure and hope and pray that I am going to die before my wife but you never know... A year ago my son died from a heart attack at 47 and he was in relatively good shape... Our son, my wife's thru her first marriage was hit by a drunk driver when he was on his scooter and broke his leg and thankfully that was the extent of it... so again you never know
We (I) bought land last year and we are going to build a house so when I die she has her own place... She never asked me to do, my wife is very low maintenance, this is something that I wanted to do for her. I am not a wealthy man, do not have a lot of money in the bank and still working in order to make money to build the house which if I wasn't married that money would be for my retirement...
So here is my question... worse case scenario if my wife dies for some reason what happens to the land, does it just go to her family... I know that as a farang I can't own land but is there a legal document that could have the land go to me or that it could be sold... I get along great with my in-laws and believe that they would let me live there until I die which is what I prefer but I would feel better if a legal document was drawn up stating this... maybe it would be in poor taste, I don't know and hope it would not be a slap in the face to my in-laws...
I've seen a number of my friends lose everything to their ex-Thai wife or their family... I do not believe that my wife, or I would not have married her, or her family are like this but again you never know... They certainly know that I do not have a lot of money but my wife has a very good life with me and I do take care of her... we just live within our means... but on the other hand like I have stated I've seen things like this happen...
Your thoughts I am ready for some of you that might just blast me as a greedy bastard while others might understand where I am coming from...