Wills

[wwest5829]

23 hours ago, Lost in LOS said:

Hi, I am not sure which section to put this in, I looked but not sure

 

Hi. I have a Thai Will that stipulates that when I die, my money will go to my sisters in the US. Talking with people and knowing how hard it is to get money to the States, I'd like to find anyone here who knows someone who died and whose money was sent to his heirs in a Western country. If so, how did they do it, or who did they use to do it? I don't want to leave that money here when I die. I have researched it to death but got different answers even from lawyers. thanks

Currently working on this as Executor of my friend’s Estate here in Thailand. Brief delay due to the holidays. Court appointment as Executor will be filed tomorrow. Upon death, bank accounts are to be closed until the Thai Court appoints the Executor officially which, I am told May take up to 4 months. After receiving appointment, I can access bank accounts, pay bills of the Estate, sell property. I accord with the Thai Will, I will remit the balance to heirs in Australia. At which point, the Australian Will kicks in and my responsibility is finished.

[wwest5829]

23 hours ago, KannikaP said:

The money I have here will go to my Mrs, that in UK to my sons, so no cross border transfers will be needed.

I do stress to both parties that whatever they spend now will simply come off what they will have at my ending.

Much the same. Thai Will = to Thai Wife. USA retirement funds to my two U.S. Sons. US, no need for probate as I own ne US property and so not a resident of any US state. Funds pass to beneficiaries directly.