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Williams Legal Section Write ups on Thai law.

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Old 23-05-2008, 11:04 PM   #61 (permalink)
William
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Originally Posted by Khun Custard View Post
Great thread William!

BUT Will or no Will , if Tilak dies before you - the land and house you paid for in her name can never be yours by Thai law - right??
What's your thoughts on clauses in Wills to protect non Thai benefactors - liquidation of all property assets on death?

Seems that the Falang might get caught in the middle and the kids or the inlaws might be the landlord??

Be nice to your inlaws and kids!!
The Land Code is very clear that you can be the beneficiary of land. There are conditions attached with retaining the right to own the land. As such, it is likely you would need to sell the land - but you could structure the transaction in a friendly manner.

My thoughts on the will provisions are clear - make you the beneficiary and then see what happens. You never know, you could get lucky!!
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Old 24-05-2008, 05:55 PM   #62 (permalink)
Khun Custard
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Thanks William
Seems's it's really no more risky than a western divorce settlement
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