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Posted

 

 I have a Will, typed,signed and witnessed by 2 Thai friends. I have previously read that this format is one of several legally acceptable formats. A lawyer this week told me this would not be acceptable in a thai court because it must be on the stationary of a lawyer to be accepted. Can anyone clarify the legality of a personally typed will kept in my home?

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Posted
1 minute ago, itsallmine68 said:

She, herself will not be allowed to withdraw visa money 400,000 baht or 800,000 baht (retirement visa) She will have to approach teh courts and have the Will verified then approach the Bank(s) I was told by a Lawyer that this process can take months to complete

Depends on the bank. Some insist on the issue of a document from the appropriate court before the bank account can be accessed.

 

Other banks allow withdrawals from joint accounts.

I asked the assistant manager at my bank (major bank, big branch) about this.

 

His response was 'Your account is joint with a family member and set up 'either account holder can sign' meaning that only one signature is needed.

 

When a transaction happens the 'state' of the second person is not explored and is not relevant'. 

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Posted

I have read on some Thai lawyer's websites that Holographic wills are legal in Thailand. But naturally they don't recommend them. In this case lawyer's stationary is not required and the will must be completely written by hand.

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Posted

I have a good friend who is a Thai lawyer and just this week I asked him to review the Thai will I had made about 10 years ago by a different lawyer. 

 

One of the things he mentioned regarding my old one was: "It should be notarized in the correct way.. It is wrong to only put the notarized stamps without the notarial attorney's signature and notarization statement."

 

I do think it's worth spending the money on lawyer fees now to make 100% sure that the will is proper and legal. Otherwise upon your death there will be larger lawyer fees paid by your estate to straighten it out. 

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Posted
2 hours ago, itsallmine68 said:

She, herself will not be allowed to withdraw visa money 400,000 baht or 800,000 baht (retirement visa) She will have to approach teh courts and have the Will verified then approach the Bank(s) I was told by a Lawyer that this process can take months to complete

Well I'm not surprised a Thai lawyer would state the law but TIT mush the province district office said she can because the bank doesn't have to be notified of my demise and that's why my money is in a ATM account.

Posted
16 hours ago, Duke007 said:

Can anyone clarify the legality of a personally typed will kept in my home?

According to the lawyers that wrote the book "Thai Law for Foreigners", your last will is fully legally valid.

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Posted
2 minutes ago, Surasak said:

I used a lawyer to write a Will for me sum years ago, giving all the necessary details of what I wanted. He told me it would take at least a week for him to complete.

When I went back to sign I was almost on the point of rearranging his face, but held back.

He had changed many of the details and made himself the beneficiary, hiding that quite cleverly, possibly hoping I wouldn't notice?  I tore up the Will into little pieces and threw it into the air and walked out. There was no protest.  

Yeah just arrange who you want to  have your money no problem.

Falangies who put everything they can into the ownership of their name are the ones who need lawyers.

But a honest one. ????

Posted
8 minutes ago, scorecard said:

I have joint savings account with my Thai adult son at K Bank and at BBL, they all have the VISA logo on the ATM/DEBIT plastic card. 

 

They are all listed on my will with photos of the cards all showing the VISA logo. All prepared by a famour hghly credible lawyer and  2 of his senior staff.

The bank are not notified of your demise,so when it happens your family can still draw the money anyway.

Posted

If you can’t afford to pay a lawyer 6,000 baht to do a proper Will for you, and you have property or a personal savings account, it will be in probate for at least 6 months and up to 2 years. This is from personal experience with a friend who passed away. The executor was no longer living in Thailand so we had to track him down and he signed that over to my friend. He had an old Will and had just written his new Will to be done by a lawyer, but passed away before he got it completed. They would only recognize his old Will, done some 15 years ago. His ex was in the old Will along with other friends that were long gone from his life. He also bought a couple condos and a car since, and he clearly stated in his new handwritten Will who gets what. Didn’t matter. The ex, and old friends got it all. It was a 2 year nightmare, and the lawyers fees to get everything sorted were insane. So do the Will as you wish, if you’re not concerned about the hell it could cause. Also more importantly, make sure you have it updated and given to your trusted friends and family. Otherwise the New handwritten Will may disappear if your family or ex has the original one, and may not be so happy with the new one. Just my opinion. 

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Posted

Myself, Thai son and son's Thai wife all have wills, all written/prepared by a very cedible experienced lawyer.

 

None are on any letter head. 

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Posted
6 hours ago, newbee2022 said:

the lawyer is wrong. You can do it you described, put it in an envelope and deposit it at the city hall. Doesn't cost anything.

As long as you don’t mind it being in Thai.

 

Fluent in Thai script are you…….if not, you will have no idea what it says. Not necessarily an issue, just flagging it.

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Posted
19 minutes ago, Raybangkok said:

I was informed that the will should be in English and Thai. If there is any problem the English section is to be followed. This is the will form that has been recommended and my Lawer a family friend says it is suitable,

 

LAST WILL AND TESTAMENT OF.docx 21.46 kB · 1 download


Seriously?

 

You think in Thailand an English worded version of a Will would prevail. Good luck getting Probate with that Nang Rong or Kanthalarak.

 

The English version is solely for the Farangs information and to allow translation into a Thai Will.

Posted
14 hours ago, scorecard said:

I have joint savings account with my Thai adult son at K Bank and at BBL, they all have the VISA logo on the ATM/DEBIT plastic card. 

 

They are all listed on my will with photos of the cards all showing the VISA logo. All prepared by a famour hghly credible lawyer and  2 of his senior staff.

By "visa" accounts I meant the account with the 400k or 800k you use to extend your permit of stay, not visa as in the visa credit\debit cards

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Posted
14 hours ago, scorecard said:

I have joint savings account with my Thai adult son at K Bank and at BBL, they all have the VISA logo on the ATM/DEBIT plastic card. 

 

They are all listed on my will with photos of the cards all showing the VISA logo. All prepared by a famour hghly credible lawyer and  2 of his senior staff.

I'm pretty sure that by "Visa Account" he meant the money in the bank to support his Extension (to his permission to stay in Thailand, not the one he's added to his house)

 

As an aside I have heard that some banks will allow your partner to be a "Silent" Joint Account holder on your "Extension" account, their name does not appear in the paperwork for Immigration but they are added to the account as a signatory so can withdraw money.

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Posted
19 hours ago, Kwasaki said:

the province district office said she can because the bank doesn't have to be notified of my demise

That's key, because a bank has no legal obligation to freeze your account, if it doesn't know you're dead. And, unless you die in the bank lobby, how would they know you're dead? So, make your wife a co-signatory on your solely owned bank account, so she can waltz into the bank before you're cold and, with your passbook -- which has her signature only visible with black light -- withdraw most of the funds (she can't close the account).

 

Better yet, make sure your accounts are all online types, so the wife can log into your account and transfer the money. No co-signatory requirement here -- functionally speaking.

 

So, my wife, as sole beneficiary and executor of my Will, has instructions to empty my account soonest. No other potential beneficiaries out there that might complain. No debt. Bank doesn't know I'm dead. Thus, no aggrieved parties to file a lawsuit. Fait accompli in its finest form.

 

But, until Thailand gets Pay on Death (POD) type beneficiaries for financial accounts, we're stuck with having to improvise. And saving 50,000 baht in probate fees, and putting a dent in some slimy lawyer's car payment fund -- sounds good to me.

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Posted
22 minutes ago, JimGant said:

That's key, because a bank has no legal obligation to freeze your account, if it doesn't know you're dead. And, unless you die in the bank lobby, how would they know you're dead? So, make your wife a co-signatory on your solely owned bank account, so she can waltz into the bank before you're cold and, with your passbook -- which has her signature only visible with black light -- withdraw most of the funds (she can't close the account).

 

Better yet, make sure your accounts are all online types, so the wife can log into your account and transfer the money. No co-signatory requirement here -- functionally speaking.

 

So, my wife, as sole beneficiary and executor of my Will, has instructions to empty my account soonest. No other potential beneficiaries out there that might complain. No debt. Bank doesn't know I'm dead. Thus, no aggrieved parties to file a lawsuit. Fait accompli in its finest form.

 

But, until Thailand gets Pay on Death (POD) type beneficiaries for financial accounts, we're stuck with having to improvise. And saving 50,000 baht in probate fees, and putting a dent in some slimy lawyer's car payment fund -- sounds good to me.

Concur I changed my name only bank account required by immigration to an ATM card account and my wife knows where the card is and the pin number.

 

My other account is an ATM joint card account so again accessible.

 

All the bikes and the truck is in my wife's name.

 

She has my Will with her named of course as executor if ever asked for.

 

 

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