Inheritance of UK assets to Thai wife after I kick the bucket

[Jimmy B]

I have property and assets in the UK and I'd like to will everything to my Thai wife so, when I croak it, there won't be loads of IHT to pay.  My Thai wife doesn't have a British passport or connections in the UK. will my assets automatically pass to her as a non British citizen or do I need to do mountains of paper work to prevent UK government taking even more money. Has Anyone else dealt with this situation or can recommend a lawyer experienced in this field. Cheers.

[roquefort]

Just make a UK will leaving everything to your wife. Any decent UK solicitor can handle it.

[XB12X]

14 minutes ago, roquefort said:

Just make a UK will leaving everything to your wife. Any decent UK solicitor can handle it.

 

But how does she go about processing it if she is in Thailand? 

 

I am in the same situation and was about to post a similar question.

[roquefort]

You'll need an executor in the UK that you name in the will. Someone you trust, or you can pay a solicitor to do it.

[MrBanks]

If your estate is worth more than £325,000, you need to check the position regarding inheritance tax.

UNLESS the situation has changed under Rachel Reeves, a wife (spouse ) who is a UK citizen can inherit tax free, however, a spouse who is NOT a UK citizen will pay 40% inheritance tax on any amount in excess of £325,000.

Certainly this was the position last year, when I was sorting this out, however, I don’t know if Rachel Reeves or Starmer have made changes that alter this.

[Justanotherone]

sell up everything in UK if you have no kids, family or whatever left...????