Common Law
is alive and well in Australia and so make sure you have your affairs in order – read on NSW family taught hard lesson about inheritance after woman claims father’s super and estate By A Current Affair Staff|5 days ago A New South Wales family has learned the hard way that the people named to inherit superannuation when a loved one dies are not necessarily the ones who end up getting it.Mark Baker died in a car accident in southern Sydney last year. His family believe he fell asleep behind the wheel.As if his death wasn’t enough, the Bakers were further devastated when Michelle, who they believed Mark had boarded with, claimed his estate and super.Mark Baker’s son maintains he and Michelle were not in a relationship. (A Current Affair)”I couldn’t believe it, I couldn’t believe it. How’s this even possible? And immediately I thought ‘how dare you, my dad is dead,'” Mr Baker’s son, Nathan, told A Current Affair.Michelle claimed she and Mark were in a defacto relationship and even planning to marry.The assertion left the Baker family dumbfounded. They claim the pair were “definitely not” in a relationship.Despite Mark naming his children as beneficiaries of his super, Michelle was able to claim it after his death.
Common Law in Thailand
Most of the time this is not recognised , however recently a Dutch man proved that he brought money into Thailand for the express purpose of building a house for his intended wife. The common law partner did not build the house and so the man took the matter to court and he won.
Keep your receipts says Thai888 law
When you bring money into Thailand for property you need a bank TT3. Why? because at some stage in the future you may need to sell you house and take the money out from Thailand. A TT3 for the same amount will let you do this. Also should you have issues then you can take the matter to court and produce the TT3 as evidence.
Pre Nuptial works with Thai888 Law
a prenup as they are commonly called simply states that what you bring into the marriage is yours and is not paid of the combined property and no claim is made on it, as both sign this doc and register it at the time of marriage. However whatever you make after marriage is considered 50/50 upon divorce. This include debts and so if either party runs up debts via gambling, accident, etc. then each party is responsible.
Wills
It is most important that you make a Will. A Living Will is designed to withhold life sustaining artificial means to keep you alive. A Last Will is for your assets and funeral and who gets what. If you are a foreigner in Thailand a Will is a must have. Its not expensive and makes sure that your wishes are carried out to the fullest. Thai888 Will service is top class and we even offer an Executor service. For more details click here [email protected]
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