I tend to forget sometimes that I am dealing with real living people and their emotions and bodies. Making a Will or enforcing a Living Will after doing it hundreds of times makes it sometimes impersonal and robot-like. After all, it is a legal document. But for some they want their legacy to live on through a charity or helping their Thai partner, their family or sometimes even the gardener or the cook.
When a Will is made it normally stats that the person making it is of sound mind. However, my experience lately is that some of my clients have or are developing Alziemers. These people are elderly and living alone.
Alzheimer’s is a dreadful decease and most debilitating. And the worst is that each day it shows and the person forgets many things, even why they are in my office.
The disease gets to a point where the person needs 24-hour care. Care that is not really available in Thailand and so the person takes whatever assistance they can get. Someone to just be there in case.
The carer may mean well but they have no experience in looking after someone with Alzheimer’s. None.
I am not saying this of all carers but one client has an awful lot of money missing from their account. The carer was given the PIN number and access as sometimes the client cannot get out of bed and needs supplies. Each day several withdrawals have been made.
A lot of trust is needed here. It’s not easy and what else can one do in this situation?
If you know someone in this position then get them to make a Will whilst they are still competent.
Also, try to make them understand that someone needs to look after their accounts, someone trustworthy.
If the person has a large estate or more than 2 bank accounts, get them to start reducing all things down to a manageable size. 2 bank books – 1 fixed interest and the other day to day should be enough. And don’t forget the 800K in the bank for Immigration. And to go every 90 days and to apply for your visa every 12 months.
Not easy when you can’t remember much at all.
I did not ever expect this to be part of my job. However, I can help in a few ways. I am the controller of property for may clients, meaning that should something happen I can control the asset if it is for a person under 20 years old.
I can help if you have a Living Will or the Last Will and I am the Executor.
I cannot help if you have nothing in place and no next of kin.
Therefore I ask you to make a Will and make sure that a trusted 3rd party has your access codes and PIN numbers – and I don’t mean the gardener or the cook as the temptation is too great.
Please act on this before its too late. email@example.com