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Delight

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Posts posted by Delight

  1. The only person that counts -in any country- is the administer.

     

    In UK this title is the Executor.

    This person you must absolutely  trust.

     

    Also you can have as many 'originals' as you like.

    They must all be created at the same time-and be identical.

     

    Typically you will sign or initial each page 

    Select your  administer carefully.

    • Thumbs Up 1
  2. 3 hours ago, Peterw42 said:

    OP, are you talking about Juristic person, or juristic manager, as they are two different things. (juristic person can hire/fire juristic manager)

    The act clearly states one person cannot be both. But otherwise I don't think you will find any restriction on a committee member being either 

     This is  a confusing post.

    A juristic person -s not a person -it is the status of a building i.e. Condominium Juristic Person. This title is used for a non profit making entity that has income and expenditure. Any organisation which has both income and expenditure has the potential to go bust.

    By law all condos must a have an official manager. The job title is Juristic Person  Manager(JPM)

    Are you stating that the JPM can  also be a committee. If so the JPM is running with the Hare and running with the Hounds.

     

    The  basic  management structure is that the JPM reports to the committee . The committee is responsible to the co owners

    • Agree 1
  3. On 5/3/2024 at 3:06 PM, Mike Lister said:

    I don't know about the apps but I do know that THB is a restricted currency that cannot be exported as THB, it must be converted first in the currency of the receiving country.

     What you state is true.

    The  work around is that should you wish to expatriate Thai Baht -then the Thai Baht does not leave  Thailand.

    Such as DEE money will have an arrangement with   a UK bank . That UK bank will transfer the money to your UK account.

    Money coming the other way will balance things I (assume)

    • Thanks 1
  4.  If the condo apartment has a mortgage  then the bank will hold the apartment title deed.

     Suspect that a meeting will  have to take place at the land office

    You will need to bring your FET plus 3 cheques

    One for the bank-one for the seller -one for the land office.

     

    All can be resolved at this meeting.

    Numbers have to be agreed ahead of this meeting.

     

  5.  My only advice is to ensure that multiple originals of the Last will are created.

    This is perfectly legal. they must all be created at the same time and all exactly the same.

    Important if multiple beneficiaries' are involved.

    Also a safeguard against the loss of a single original.

  6. My wife and I visited the driving center (Road 36) 

     

    We were advised to get an appointment on line and requested to visit www.dit-elearing.com

    She registered and watched the 1 hour video on safety. This video has 7 sections with questions at the end of each section. a QR code appeared at the end

    However we could not find a link for appointment booking.

    Can anybody help?

    • Confused 1
  7. On 1/5/2024 at 10:24 PM, Holly Huntaway said:

    1) Thai Will. His wife is administrator.

    2) Administration granted to wife in court.

    3) Condo originally purchased in my dads name under foreign quota.

     

    Wife slow in responding to Solicitor communication and has been collecting rent since his death…

     So-Your father dies -Thai widow is administrator and you are beneficiary .

    The Thai widow has all the control.

    As things stand if your ex  mother in law does not complete probate -then only a court can force her to do so.

    You have no power.

  8. The most important feature of any Will is the name of the administer.

    You can have have as many 'originals' as you like.

    The administrator has to hold an original..

    Q When you die -presumably in the UK-who will contact the Thailand based administrator?

     

    Also the administrator will organise  probate.

    Does the administrator  have the money at hand to finance this?

     

    • Thumbs Up 1
  9.  With the agreement of your wife -you could possibly transfer the land to a newly created Thai Company. Your name being the MD

     

    With this arrangement you do not own  either the house or the company.

    however -assuming that the company is set up to your advantage then you will have 100 % control.

     

    You can then bequeath the company to whom  you please.

    Getting the wife to agree will be the tricky bit.

    • Haha 1
  10. Most Thai people do not have a  Will.

    Probate sorts out who gets what -as per a set of rules.

    As I see it you do not need a Will. Your assets will simply go to your legal wife.

    As far as your USA assets are concerned -you will require q Will.

    The most important feature of such a Will is the administrator -sometimes referred to as an executor.

    This administrator must have the original Will.

    A death certificate -with official translation-is required.

    Your widow can handle this.

    Of course the administrator in the US will need to appoint a probate lawyer.

    Have you organised US based funds to cover this?

     

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