thai3 Posted June 27, 2016 Share Posted June 27, 2016 Got the form, downloaded off here sometime ago, it's in Thai of course. My query is does it have to be filled out in Thai or can I do it in English? It just covers money in a Thai Bank with the 2 beneficiaries. Does it have to be lodged with the Amphur to be legal? Link to comment Share on other sites More sharing options...
Happy Grumpy Posted June 27, 2016 Share Posted June 27, 2016 I did mine in BKK. Just leaving my Thai condos and bank accounts to my Thai born child. I did it with a recommended legal team in Silom, Bangkok. Quite affordable. PM me if you want their details and info. Link to comment Share on other sites More sharing options...
thai3 Posted June 27, 2016 Author Share Posted June 27, 2016 (edited) From what I have seen the cost of having it done by a firm is ridiculously high- around 10k It's just the 800k extension cash always in the bank here. Edited June 27, 2016 by thai3 Link to comment Share on other sites More sharing options...
Happy Grumpy Posted June 27, 2016 Share Posted June 27, 2016 I was quoted from 4k-30k with different firms. I went with the one that was recommended by a few of my acquaintances. It was 6k baht, down to 4k baht due to friends of friends. If you have children here and are planning to leave them your property and bank accounts here is it worth risking hassle for them over a one time low payment? If you want, I can contact them and probably get you the 4k price. PM me if you decide to do it. Link to comment Share on other sites More sharing options...
thai3 Posted June 27, 2016 Author Share Posted June 27, 2016 Ok thanks, that's not bad Link to comment Share on other sites More sharing options...
futsukayoi Posted June 28, 2016 Share Posted June 28, 2016 If it is just the bank account could just get someone you trust to keep an envelope with your ATM PIN code to hand them after your death. You will have the card until then. Probably not entirely legal but cost free. Link to comment Share on other sites More sharing options...
thai3 Posted June 28, 2016 Author Share Posted June 28, 2016 Not legal, accounts are frozen upon death and anyone removing money from the account would be committing a crime, not a bad idea though Link to comment Share on other sites More sharing options...
DLang Posted June 28, 2016 Share Posted June 28, 2016 I believe that Thailand is quite difficult and strict about bank accounts etc. Without a legal Will they are not automatically given to the next of kin. Perhaps not at all. Anybody with legal knowledge of this can chip in? Link to comment Share on other sites More sharing options...
orientalist Posted June 28, 2016 Share Posted June 28, 2016 See this page for K-bank's requirements for claiming on the estate of a deceased depositor. Link to comment Share on other sites More sharing options...
thai3 Posted June 28, 2016 Author Share Posted June 28, 2016 strewth the usual bureaucratic mess, looks like it might be easier to spend as much as poss then have the ATM card available for use than have to go through that run around Link to comment Share on other sites More sharing options...
Carib Posted June 28, 2016 Share Posted June 28, 2016 Not legal, accounts are frozen upon death and anyone removing money from the account would be committing a crime, not a bad idea though So who is going to tell your bank you died? Link to comment Share on other sites More sharing options...
simple1 Posted June 28, 2016 Share Posted June 28, 2016 See this page for K-bank's requirements for claiming on the estate of a deceased depositor. Hi, just read the KBank advisory which states you must have a Court appointed administrator. My understanding is an administrator is not required if you have had a legal Will in Thailand - do you or anyone else have knowledge of this apparent contradiction? Link to comment Share on other sites More sharing options...
orientalist Posted June 29, 2016 Share Posted June 29, 2016 Just yesterday I read an article by a lawyer which said that you don't need a court order "if nobody contests the will." But in reality I can't see the banks releasing a substantial amount of money without one. In the case of an Amphur-registered will, I assume there is simply an instruction by a government official, and that would be enough for the banks. What I was told by my lawyer was that in Thailand (after receiving details of the assets) the court sets down exactly what the administrator has to do. So it's perhaps in the estate's interest to have an administrator if the will is complicated or if there is no will. Link to comment Share on other sites More sharing options...
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