Month: November 2020

Pattaya widow warns about amateur wills

The story is all to familiar in that a person to save a few bucks writes the Will themselves.

There are very specific legal terms like Testator, Beneficiary, Executor, Witnesses and if you dont know what they mean then dont write your own Will

Many English have accounts in the neighbouring countries to try to avoid the dreaded “Death Duties ” taxes of the United Kingdom and so in wanting to get the most return on money people save it in a tax haven country like the Isle of Man, Sheffield, Singapore, Hong Kong etc.

However the tax man has great patients and can wait until you die. Then the document you wrote comes into play to get the assets you worked so hard for and saved.

If the docs are not correct then your Beneficiary cannot get any of the assets you worked and saved. These offshore banks sit there while the Beneficiary or the Executor make challenges to get the money. They do not have to work with you and may ignore you.

It may take years.

You definitely will need legal assistance as there are many forms designed to find all the money and assets anywhere in the WORLD.

When writing your Will you should be aware of keeping assets in each country in a seperate Will – its not that expensive and will save thousands in legal bills and TAX.

Make an appointment to see me asap. [email protected]

I am English speaking Australian making life easier for you

thanks regards kelvin

Blog for Thai888 Law and Abroad Funeral Pattaya