Planning with consideration gives peace of mind.
In any jurisdiction, Succession and Estate Planning is an essential component of managing our affairs particularly, if an individual has assets distributed all over the world.
The fact is, In the absence of Last Testament and Will, the process of filing a private application, liquidating those assets and repatriating the proceeds can be costly, complicated and rife with uncertainty.
Therefor, we will assist you in planning for all contingencies in your business or personal affairs to ensure peace of mind to include:-
- Business Succession;
- Drafting Your Will;
- Filing Probate Applications;
- Estate Administration; and
- Asset Protection.
Intestacy
In the case intestacy, the Settlor”s assets will be distributed in accordance with the Commercial and Civil Code of Thailand, Article 1629. This meas half of the estate will pass to the spouse.
The rest will be distributed to the class of relations in priority of descendants; parents; brothers and sisters of full blood, brothers and sisters of half-blood; grandfathers, grandmothers and uncles.
We can advise you on all succession planning and prepare your will so your assets are distributed according to your instructions.
Assets are distributed according to the wishes of the Testator or Settlor, eliminates the issue surrounding the administration of an estate located in off shore jurisdictions, and maximizes the value of the estate by reducing taxes and other expenses.
We have a track record of successfully managing probate matters on behalf of law firms,
high net worth individuals and established families.