Tod,my wife has her own homes as do all of my in laws. They wouldn't want to live with me should that occur. No,I didn't supply the monies even for the current ones. Some Thais are very successful.
The Usufruct was my wife's and families and their attorneys idea to protect my interests. I had not heard of one before it was suggested to me.
Tod,the yellow book. My wife arranged it for a number of reasons. 1. It allows one to live in the house for life. 2. It is easy to do. 3. If my children should inherit the house,presumably they will not " kick dad out" but the Usufruct is structured so they cannot.
4. It's not done to get a TM 30 ,although one can get the TM 30 at Immigration...It's done with non Thais who have Thai spouses who are the ones who obviously own the Thai property. It provides the non Thai spouse a legal right to live in the abode even in the event of a divorce. 5. It is done by many knowledgable individuals who are in the above no. 4 category. 6. If a non Thai is in the above no. 4 category and the marriage is dissolved by divorce she or he will be looking for another abode to live in without a Usufruct . 7. The Usufruct is obviously in effect long before one gets a TM 30. 8. I find it nice to have. If my wife is in Europe and I arrive back here with a new visa she doesn't have to be present to obtain the initial TM 30. I can do it since I am the " house holder".
David Broadfoot I realize that. What if you your self want to do the first one ? That's where the Usufruct comes in handy. You are listed along with the Thai owner in the house registration. If someone stays with you then you can take care of their TM 30 also.