Have you planned to take care of your Spouse after you pass?

[Dan747]

 I have found in the last 10 years or more in my retirement that most Expats married to a Thai have not taken the time to plan to take care of their spouse after death. I usually find out at the funeral that their is nothing left for the spouse. No pension, No Insurance, No Medical, Not authorized to the checking/saving account (One signature account) that another family member is asking for, and house in the expats home country with a reverse mortgage, if their is one, usually not. Pretty pathetic and embarrassing when your friends Spouse starts asking "What do I do Questions!" I have a "To Do List" in a binder to help my spouse take care of this business. Don't wait until you're “old” to do this.  Just like you shouldn’t wait until you have a child to buy life insurance, you shouldn’t wait until someone is near death to prepare for it.  Everyone knows death is inevitable, but no one can predict when it will happen.  People die unexpectedly all the time.  Being prepared in advance will greatly ease the burden of those who are left behind.      

[1FinickyOne]

I have an easy solution that probably won't work for most... I take care of my wife before I pass by putting things in her name. After 20+ years she has more than enough to last her... and she has the security that comes along with it and I get the enjoyment out of seeing her feel good about it... 

Edited October 3, 2021 by 1FinickyOne

[gargamon]

It's a standard practice for loser foreigners to come to SE Asian countries, lie to and then marry a local after telling them they  will be taken care of after the foreigner dies. In actual fact, the pension of the foreigner in this case barely covers the current costs of living, and there are no resources in the home countries to be distribetd after the demise. 

 

The foreigner in this case is using the marriage to get free support in their final years, as they have no resources to pay for it themselves. I have seen it happen all too often.

[olfu]

I dont know about wife as being single and consider only being temporary married.

[Chris.B]

8 minutes ago, 1FinickyOne said:

I have an easy solution that probably won't work for most... I take care of my wife by putting things in her name. After 20+ years she has more than enough to last her... and she has the security that comes along with it and I get the enjoyment out of seeing her feel good about it... 

but what about ready cash? She will need cash as well.

[Pravda]

I don't get it. I plan to live 100 years. What do I get if my wife dies first? One way ticket out of Thailand.

[1FinickyOne]

7 minutes ago, Chris.B said:

but what about ready cash? She will need cash as well.

Has plenty - she has it invested about 70% land and property 30% bank - - her money, her choices. 

 

And when I pass she will get my cash too... 

Edited October 3, 2021 by 1FinickyOne

[Chris.B]

4 minutes ago, 1FinickyOne said:

Has plenty - she has it invested about 70% land and property 30% bank - - her money, her choices. 

 

Money tied up in land and property is not ready cash, especially in these times when no one has money to buy.

[bbko]

Jeezzus, how many funerals have you attended to see "that most Expats married to a Thai have not taken the time to plan to take care of their spouse after death. I usually find out at the funeral"?

[HappyGoLuckyLife]

Well if I can't take her with me (I'm joking of course) everything reverts to her on my death. She's put up with me over 20 years, she has more than earned not to have to worry about living after I kick the bucket. But since I plan to unlocking the key to immortality, I don't have to worry about it. (Again, joke.)

[KhunLA]

This should be referenced to the 'do you talk to stranger thread' ... ????

 

Any why many, we, don't care to bother with foreigners.  From couple replies, do y'all actually hang out with this lot.  Along with a bit of generalizations, as I don't know any that fit these descriptions:

 

most Expats married to a Thai have not taken the time

... shouldn't that read 'most expats YOU know'

 

standard practice for loser foreigners

...  would think not just Thailand, but foreigners, expats, locals of any country

 

Guessing most local gals were doing just fine before marrying a foreigner, and will do fine after most depart.

 

 

 

Edited October 3, 2021 by KhunLA

[JeffersLos]

1 hour ago, Dan747 said:

Have you planned to take care of your Spouse after you pass?

Yes. I bought 10 million baht of land in his name, and keep another 10 million baht in a Thai bank account in his name. 

[WhiteBuffaloATM]

further proof of numerous <deleted> poor up country “expats” (migrants) sqatting ( sorry, “living”) rent free in their wifes house, living month to month on uk state pensions…. no intention of ever leaving thailand after arrival 20 years ago on one way flight…..so actual tolerated illegal immigrants……no wonder the three month visa extn / reporting Immigration cycle exists……to keep tabs on all these deadbeat wasters (sorry, “respected local community members”).

 

whats their Insurance status I wonder for long illness here ?

or do they just pop their clogs in their sleep…… ? 

sounds like an extended version of “ One Foot in the Grave” up north here c/w long suffering wives………

 

must have a thai will for thai assets,+copy to your lady.

my lady has nothing in her name, all,in mine, but she gets the lot on my death…….we have young son so income needed from me….. probably thats keeping me from being poisoned……he he …. only joking… I think.

[sirineou]

The house in Thailand is in her name and paid for , We also have the house in The US that she will get half of it, My Daughter will get the other half. 

When I retired, I chose a reduced pension from work, and the wife gets to keep 80% of it as long as she lives,So she should not have to ever work. But, she  holds  a US citizenship and has a trade licence in the US,so if she likes she can always go back to the US and make some extra money. 

[jazzdog32095]

4 hours ago, Chris.B said:

Money tied up in land and property is not ready cash, especially in these times when no one has money to buy.

Chill Barney, The dude said she is 30% liquid and when he crooks she gets his cash. Sounds like a plan to me. What's your plan there Mr, B ?

[jazzdog32095]

1 hour ago, WhiteBuffaloATM said:

further proof of numerous <deleted> poor up country “expats” (migrants) sqatting ( sorry, “living”) rent free in their wifes house, living month to month on uk state pensions…. no intention of ever leaving thailand after arrival 20 years ago on one way flight…..so actual tolerated illegal immigrants……no wonder the three month visa extn / reporting Immigration cycle exists……to keep tabs on all these deadbeat wasters (sorry, “respected local community members”).

 

whats their Insurance status I wonder for long illness here ?

or do they just pop their clogs in their sleep…… ? 

sounds like an extended version of “ One Foot in the Grave” up north here c/w long suffering wives………

 

must have a thai will for thai assets,+copy to your lady.

my lady has nothing in her name, all,in mine, but she gets the lot on my death…….we have young son so income needed from me….. probably thats keeping me from being poisoned……he he …. only joking… I think.

I wouldn't be too sure of that, you obviously rolling along with quite the bitter streak

[jazzdog32095]

Gave the first wife a 1.5M dollar house on the ICW in St. Augustine and she sold and managed to <deleted> that money away. Twenty years, put her through college to get her Masters, never worked or paid a bill as long as we were together. Cut the ball and chain after 911 and went to Costa Rica and met my current Brazilian wife in the mountains where I was developing and building. It was 2002, I was 47, she was 22. From day one she was helping me, learned English in three months, deposited her first sales commission check for 65K a year later. Fast forward 18 years and together we've built three resort rentals we AirBnB, sold over a thousand acres and spend time between our beach house in Bahia and our 58' Ketch here at Ocean Marina. Deal is when I pass on she gets my half of what we both put together all because it was not an option she would accept to be worthless and lazy. Meanwhile the Ex is living on $900 Social Security with her boyfriend who just got released for performing acupuncture without a license. Let it be, Let it be!

[Denim]

My wife and I have discussed this. We have a policy with a well known taxidermist and when I die I will stand on a plinth in the corner of the room facing the television so as to still keep her company.

 

In addition, I will have a four digit keyboard built into my chest and a dispensing flap around my naval. My bank will refill me once a month for 10 years after my death.

 

Sorted.

[tonray]

GF of 6 years will have (upon my passing: assuming she is not the one who kills me off):

 

1) Her current house (our home) loan paid off in full if not already

2) I plan on buying a separate condo in Hua Hin in a few years to enjoy while alive and that will be bequeathed to her.

3) My 800K+ Immigration account will also go to her upon passing

 

If resources allow, prior to passing setup a lifetime annuity so steady income supplementation will be there for her golden years.

 

That's the plan anyway....we'll see as long as she doesn't kill me herself she'll be OK

[1FinickyOne]

8 hours ago, Chris.B said:

Money tied up in land and property is not ready cash, especially in these times when no one has money to buy.

That is why she has 30% in the bank. 

 

And she lets the family farm the land for free so that they are taken care of too..

 

This is a question abt planning and surely plenty of thought has gone intio this. 

Edited October 4, 2021 by 1FinickyOne

[1FinickyOne]

9 hours ago, Chris.B said:

Money tied up in land and property is not ready cash, especially in these times when no one has money to buy.

Do you think that anyone w/money to invest doesn't know this?

 

And even in these times some people do have money to invest... 

[BritManToo]

9 hours ago, Dan747 said:

I have found in the last 10 years or more in my retirement that most Expats married to a Thai have not taken the time to plan to take care of their spouse after death.

If you're paying a woman a wage to pretend to love you, why would you care about what happens when you're gone?

Also no woman in the world makes plans for her husband to live FoC after she dies, give them the equality they demand.

[1FinickyOne]

4 hours ago, jazzdog32095 said:

house on the ICW in St. Augustine

fond memory... I remember visiting a friend in the area and we would go to this lovely secluded restaurant on the ICW outside St. Augustine, a lovely town...

 

had another friend who did developing in CR but I have never been... 

[1FinickyOne]

8 hours ago, KhunLA said:

most Expats married to a Thai have not taken the time

... shouldn't that read 'most expats YOU know'

Very true - it seems the assumption here is that 'most' farang hangout in a bar drinking away their pensions and have awful marriages... sharing family relations and assets and a life is considered near criminal... or stupid. 

 

And the farang I know here are just not like that... 

[Smithson]

Quote

"Pretty pathetic and embarrassing when your friends Spouse starts asking "What do I do Questions!"

So after the husband dies, the widow goes straight to another farang with her problems. The farang is not a citizen, has limited rights, hasn't spent most of his life here and probably doesn't speak the language. Why don't they go to other Thais for help? Especially the family who are a priority at other times. Pathetic indeed.

 

Quote

Everyone knows death is inevitable, but no one can predict when it will happen.  People die unexpectedly all the time.  Being prepared in advance will greatly ease the burden of those who are left behind. 

It's up those likely to be left behind to ensure their burden isn't too great. They are adults and should behave as such, they should initiate discussions around this, because it will be their problem. The culture of expecting outsiders to come to the rescue each and expect little more than a smile in return is well out of hand.

[Pravda]

20 minutes ago, BritManToo said:

If you're paying a woman a wage to pretend to love you, why would you care about what happens when you're gone?

Also no woman in the world makes plans for her husband to live FoC after she dies, give them the equality they demand.

 

It depends on a woman and how well she took care of me. A hint. If I joke on the forum saying she'll kill me first, she'll probably get a big fat zero.

 

 

 

[sanuk711]

4 hours ago, jazzdog32095 said:

Gave the first wife a 1.5M dollar house on the ICW in St. Augustine and she sold and managed to <deleted> that money away. Twenty years, put her through college to get her Masters, never worked or paid a bill as long as we were together. Cut the ball and chain after 911 and went to Costa Rica and met my current Brazilian wife in the mountains where I was developing and building. It was 2002, I was 47, she was 22. From day one she was helping me, learned English in three months, deposited her first sales commission check for 65K a year later. Fast forward 18 years and together we've built three resort rentals we AirBnB, sold over a thousand acres and spend time between our beach house in Bahia and our 58' Ketch here at Ocean Marina. Deal is when I pass on she gets my half of what we both put together all because it was not an option she would accept to be worthless and lazy. Meanwhile the Ex is living on $900 Social Security with her boyfriend who just got released for performing acupuncture without a license. Let it be, Let it be!

 

As Long as your not Bitter----thats the main point.................

[KhunLA]

2 minutes ago, 1FinickyOne said:

Very true - it seems the assumption here is that 'most' farang hangout in a bar drinking away their pensions and have awful marriages... sharing family relations and assets and a life is considered near criminal... or stupid. 

 

And the farang I know here are just not like that... 

Ditto.  Most I know are family oriented, deep rooted, with free & clear houses & vehicles, and plenty of liquid cash.  A few w/children, Yanks, so they will get income from Soc Sec till finished Uni.  Not sure about other nationalities' retirement perks.

 

To answer OP's query, YES, my wife & not so wee one are set for life, w/liquid and equity building assets.  Neither should need to work and daughter is only 22 yrs old.  So both sitting pretty.

 

All expats that I'm friends with moved here by choice, not because they could no longer afford to live in home country.

[petermik]

After reading this with my TGF I have just made out a will for her with the proviso she gets 5 million Baht upon my death,signed and witnessed by her two brothers.

Will I be here tomorrow I ask myself......5555

[Smithson]

In the interests of equality and because death is inevitable. What arrangements have ppl's Thai spouses made for them in case of their death? Especially keen to here from family orientated members who are happily married and don't spend time hanging out in bars.