There seems to be a lot of confusion among expats about wills in Thailand, so I did a little research.
If a foreigner dies in Thailand without a valid will, Thai inheritance law decides who inherits the estate according to a fixed order of heirs. This may not always match the wishes of the deceased.
One common misconception is that a spouse can simply access the deceased person’s bank account if they know the PIN number, ATM card, passbook, or online banking password. In reality, once a bank is notified of a death, the account is normally frozen and becomes part of the estate. The bank will usually require a court-appointed estate administrator before releasing funds.
A Thai will can cover assets such as bank accounts, condominiums, vehicles, investments, and personal possessions. It can also specify who receives which assets and who will act as the executor of the estate.
Many legal professionals recommend that foreigners have two separate wills: one covering assets in their home country and another covering assets located in Thailand. This can make the administration of the estate much easier.
A lawyer is not legally required to make a will in Thailand. A basic will can be valid if it is written, dated, signed by the person making the will, and witnessed by at least two witnesses. However, for foreigners with assets in more than one country, professional legal advice is often recommended.
The cost of having a professionally drafted will in Thailand typically ranges from around 10,000 to 50,000 baht, depending on the complexity of the estate.
Even if there is a valid will, the executor will usually still need to obtain court authority before transferring certain assets such as bank accounts, vehicles, or property. If there are no disputes, the process is generally straightforward.
For British expats, pensions can be more complicated. Different rules apply to the UK State Pension, workplace pensions, private pensions, and government pension schemes. Some pensions stop on death, some provide survivor benefits, and some may pay a lump sum. The exact outcome depends on the type of pension involved.
For anyone with a Thai spouse, Thai bank accounts, property, vehicles, or significant savings in Thailand, having a properly drafted Thai will can save family members a great deal of time, stress, and expense in the future.