steve2550

Is there a time limit until you have to start the procedure for the probate?

Let me answer my own question: At least at the court there was no problem in my case: my wife died about 2 years before we did the court stuff and I asked my brother-in-law to be the "inheritance manager". He is a recently retired army officer. My mother-in-law agreed to it. I was present at the court; I am fluent in Thai but I kept my mouth shut and so in the court room they only questioned my mother-in-law and my brother-in-law and the matter was finished rather quickly.

My brother-in-law already closed the first bank account and transferred the money into my account.

So bank accounts are not a problem. (Maybe because there isn't that much in them anyway.)

What is still unclear to me is the point about the land ownership. My wife got from her mother about 20 Rai somewhere in the province after our on was born. (The remaining 20 Rai are jointly owned by my MIL & BIL.) Apparently the small plot in Bangkok we currently live on was also separated like this: 50% to my wife, the other 50% my MIL & BIL, about half a Rai altogether in Bkk.

Reading other threads it seems that I could own up to 1 Rai and would have sell the excess within a year. Did the clock now start ticking or are we too late anyway for a clean solution?

(BTW: I have no interest owning any land here.)

a lot of people claim they made money. and a lot of people made and still make false statements as you just did. the exchange rate USD/CNY (the latter is the international code for the Chinese currency) was 8.28 thirteen years ago. three years ago the rate was 7.35 (not 8.7).

in the meantime CNY has appreciated to 6.58, i.e. if somebody has bought CNY against USD 13 years ago he made the pittance of linear 2.15% per annum, actual yield not taken into consideration and neither is the loss buy/sell cash considered. the bottom line says loss!

using the appreciation of the last three years (7.35 / 6.50) the result is linear yield 3.85% per annum, again ridiculously low even if other profit reducing circumstances (see above) are not considered.

and here's the evidence:

I am confused: your graph shows the CNY starting to seriously gain against the USD in mid 2005 (which is correct AFAIK), so why the emphasis on 13 years? Do you want to point out that the CNY/USD rate can stay put for extended periods of time?

What puzzles me about the CNY/THB exchange rate is the large difference between selling and buying RMB notes: about 3 THB/RMB vs. 5 THB/RMB. I have some RMB cash leftover I didn't change for that reason and hope to spend on a vacation in China soon, where this "soon" is getting delayed for about 3 years in a row by now :-(

Probate cost me about 30k. I can speak Thai but not read. Also in the Thai courts they used the Royal Thai language ( i had to practice with my lawyer the answers to some expected questions). The process was not that complex, once you are confirmed as the administrator and confirm a few other facts thats it. Frankly not worth the hassle to do yourself unless deeply interested. I am also not sure that a lay person ( unqualified) can act as representative in court.

On the question of when does the probate have to be executed, i will get back to you when i get reply from a friend. I think it is an extremely valid question because it could help you to organize yourself better and furthermore delay the need to transfer the assets to a farang which then kicks in this time limitation rule.

Thank you very much, this is all very helpful.

My brother-in-law got a first quotation for 50k and somewhere else 20k, so it definitely pays to ask around (and not mentioning at first that a farang is involved).

Apparently the prices include the cost for a newspaper announcement.

Thanks again for your help.

As part of probate you go to court to be confirmed as the administrator of the estate which is then confirmed by the court and you are provided with a document declaring so.

In my case only one of the wifes parents was still alive so it was divided one third each.

I am curious about the cost. I was told that you could actually do everything yourself at the court if you can read Thai. Has anyone tried this on his own or does everybody offload this to a lawyer?

Thanks for your info.

As part of probate you go to court to be confirmed as the administrator of the estate which is then confirmed by the court and you are provided with a document declaring so.

In my case only one of the wifes parents was still alive so it was divided one third each.

Is there a time limit until you have to start the procedure for the probate?

Thanks for all the information.

My wife died quite suddenly a few years back without a will. The house and land

(Less than 1 Rai were in her name).

By Thai law I had to go through probate for the estate.

The house was equally divided by Thai law amongst her parents, our child and me.

The solution was to gift all shares to our daughter, who at the time was 11 years of age.

The house and land are registered under her name at the land department; if we wish to sell we need to go to court to ensure any such proceeds are used for her purpose only until she is 20 years of age,

Thank you for sharing the information (Sorry for your loss).

So you are the "Inheritance Manager"?

>"The house was equally divided by Thai law amongst her parents, our child and me."

I conclude that each got a quarter. If only one parent is still alive, would it be one third for each or would the remaining parent get half?

(I tried searching but "Inheritance manager" doesn't seem being the right word.)

Thanks.

ZyXEL P-660HW-T1 v2. (additional antenna included) Works like a charm - 3y warranty

I just got a ZyXEL P-660HW-T1 v3 on recommendation in my office (I asked them buying it for me)

But to extend the warranty from 2 yrs to 3 yrs I have to enter a lot of data online at www.zyxel.co.th (What are they doing with all that information anyway?)

That their site is mostly in Thai was just the 1st annoyance (it takes me some time to read that).

But they require giving a Thai national ID (they also state that giving untruthful data will waive your right to the warranty).  So how did you get the 3 yrs warranty? As it is weekend their hot line played endlessly that all staff is currently busy and I would be next.

Let's hope their hardware is better than how they deal with their customers.

<br />There is one at Sutthisan, it is a condo, has a long pool and kiddies pool at one end. You have to join the gym and you can use it, gym membership costs 3000 for 3 months.<br /><br />It has a garden area sort of around it, but nothing big and green as in lawns etc.<br /><br />It is the large condo building slightly towards sukhumvit from the sutthisan subway.<br />

Could you please give more details about that? (e.g. name and address of the condo)

Thanks.