I have lived in Pattaya for 8 years.  I own a condo, car and motorcycle.

 

If I die, what needs to happen for my family to come over and sell all my stuff?

 

Is there any kind of Probate etc. or if you have a will is that sufficient?

 

Thank you in advance...

If you want control of how your assets are distributed, I believe you need a Thai will.   I've read that wills drawn up overseas have no affect on distribution of assets held in Thailand.

 

What happens without a will and you have no Thai family to whom the court could assign your assets?  Good question.

Put it all in your girlfriend's name now. Problem solved.

Sorry couldn't resistB):D

You need to make a will with a Thai lawyer and do not give them power of attorney so that they can distribute your assets to themselves instead of who you have stated in your will.

 

It's about 4000 baht. 

 

Hope this helps. 

As said, you need to draw up a Thai Will which will go through probate and this is not a quick process, my bank (UOB) tells me it's six months alone from just the banks perspective (plus court/legal times) and this is just for cash - I don't know what the impact is of having foreign beneficiaries so you should ask a lawyer. Also, lawyers fees for probate are based on a percentage value of the estate.

What happens when you die in Thailand?

 

You either go to heaven or to hell - depending.

I like your optimism when you said IF I die....

Well after the burning ,half of me goes in one pot off to Britain ,the other half stays with the wife , that way i get the best of both worlds

Well when my Mates Have died here all the idle step sons got drunk and bought new Mocy , never seen the little shits so happy


Sent from my iPhone using Thaivisa Connect

2 hours ago, Ulysses G. said:

What happens when you die in Thailand?

 

You either go to heaven or to hell - depending.

He's already in Pattaya

You get cremated while your spirit goes back to God.

1 hour ago, i claudius said:

Well after the burning ,half of me goes in one pot off to Britain ,the other half stays with the wife , that way i get the best of both worlds

 

You need to be careful about that. I read in the Telegraph expat money section that stating you want your remains (even half of them I suppose) sent back to Britain is sufficient grounds for HMRC to deny you Thai domicile for IHT purposes. Your Thai wife and family would then end up paying 40% IHT on almost your entire estate as the tax-free allowance for a non-UK-domiciled spouse is peanuts.

1 hour ago, Ace of Pop said:

Well when my Mates Have died here all the idle step sons got drunk and bought new Mocy , never seen the little shits so happy


Sent from my iPhone using Thaivisa Connect

mocy???

A Mocy is what Thai call them Moped type Motorcycles so popular here for dying on

Sorry I cannot help as I,m not dead yet

16 hours ago, cheapskatesam said:

The government will take your body and sell any usable body parts in order to squeeze the last bit of baht out of your foreign ass. No piece of farang goes to waste in Thailand :D 

 

After that your family starts a Gofundme account to bring whatever is left of you home. 

If your body overstays your visa the family will be liable for fines

Yes, there is a probate, which needs to be initiated by a lawyer. Yes, best make a Will, stipulating it applies to all your Estate in Thailand only. Incl. copies of bankbook, chanods etc.  If there is no Will, a probate for your Thai estate can still be done, but is slightly more involved. Yes, be very careful, who is named the executor/administrator, as he will be able to give or take whatever he wants without any restrictions or supervison by any law. Best make a trusted friend the executor and pick one of the few known reliable law-firms to go through probate. Cost should be around 100-270K, depending  on case. The 270K was the highest I ever paid for a 1/2 Mio Euro- and rather involved probate. Time frame is around 6 months and usually straightforward. BTW. If you die outside a hospital, your body will be automatically sent to BKK Police Hospital for autopsy. Might as well get cremated in BKK then, unless you want a service at a temple in Pattaya. I have a couple of posts up with strong recommendations of a very good and affordable funeral-service company. Happy New Year and many years to live I wish you.  MS>

On 25/12/2016 at 0:28 AM, cheapskatesam said:

The government will take your body and sell any usable body parts in order to squeeze the last bit of baht out of your foreign ass. No piece of farang goes to waste in Thailand :D 

Before or after you go to heaven......(hopefully).

1 hour ago, moonseeker said:

Yes, there is a probate, which needs to be initiated by a lawyer. Yes, best make a Will, stipulating it applies to all your Estate in Thailand only. Incl. copies of bankbook, chanods etc.  If there is no Will, a probate for your Thai estate can still be done, but is slightly more involved. Yes, be very careful, who is named the executor/administrator, as he will be able to give or take whatever he wants without any restrictions or supervison by any law. Best make a trusted friend the executor and pick one of the few known reliable law-firms to go through probate. Cost should be around 100-270K, depending  on case. The 270K was the highest I ever paid for a 1/2 Mio Euro- and rather involved probate. Time frame is around 6 months and usually straightforward. BTW. If you die outside a hospital, your body will be automatically sent to BKK Police Hospital for autopsy. Might as well get cremated in BKK then, unless you want a service at a temple in Pattaya. I have a couple of posts up with strong recommendations of a very good and affordable funeral-service company. Happy New Year and many years to live I wish you.  MS>

 

Is the lawyer fee for probate more or less a flat fee or a is it a percentage of the estate value?

What happens when you die?

 

I don't know, I'll let you know after I die.

I was named a joint Executor in the Thai Will for a Brit friend, who wanted to leave most of his substantial financial assets to his daughter in the UK, with a small legacy to me. When he died in November 2014 I advised the daughter to find a lawyer in Thailand to obtain Probate from the Thai court, and suggested a lawyer for that purpose. She preferred to choose an expensive firm of lawyers. I signed a letter waiving my rights to be a joint Executor. I asked this lawyer if there would be any problem in expatriating the money to the UK and he told me that there should normally not be a problem after Probate is obtained. I eventually received my part of the legacy in September 2016. I presume the daughter would have received her money at around the same time, since I've not heard back from her. 

So other than the long time delay, and lawyer costs, the system does work.

32 minutes ago, chiang mai said:

 

Is the lawyer fee for probate more or less a flat fee or a is it a percentage of the estate value?

 

Thai firms quote flat fee or percentage of Estate mostly. I deal with 2 firms now, which are foreign owned and prof. lawyers and they charge by the hour, with detailed accounting. Really need to pick the right people and be ready to provide them with the docs and support they need. I pers. have stipulated in my Will who is to be doing my probate, incl. some more details. Regards.  MS>

Every thing belong to me go to my wife, my kids in my home country don't want anything.

maybe only a memory

And I tell my wife to make a BBQ on then backyard to save money.

I don't care...I'm dead anyway :-)

Thai visa revokes  your posting rights.

On 12/25/2016 at 6:40 AM, Ulysses G. said:

What happens when you die in Thailand?

 

You either go to heaven or to hell - depending.

Where do you go if you are 50% good and 50% <deleted> ?  

13 minutes ago, licka said:

Where do you go if you are 50% good and 50% <deleted> ?  

Purgatory, if you believe the fairy tale.

And those of us who don't believe in the fairy tale, where do we go ? Up in smoke ... the End.

You stop breathing and gradually grow cold. Then it gets worse, but your not concerned. 

On 12/25/2016 at 3:58 AM, maprao said:

Put it all in your girlfriend's name now. Problem solved.

Sorry couldn't resistB):D

No mention of gf,only family coming over,maybe from original country.