August 23, 201312 yr I'm married to a Thai national. She has no ties/children/parents. In the case she will die before me I would have to sell properties within one year. But how to keep these assets as heritage for my family/children/grand children? Bu lease for 99 years? And can my children/grand children continue with the lease when I died? And how to secure these properties to my children if I will die first?? Any good ideas?
August 23, 201312 yr A lease is a personal thing, it is tied to you. it is with you that is the contract. if you die, the contract comes to an end. You cannot secure property for other persons, if they are not Thai. What wil happen when you die is that they will get 1 year to sell the property and can collect the proceeds. Land they can not keep in their names any more than you can.
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