Will and Testament Enforceable in Thailand?

Will and Testament Enforceable in Thailand?

Property
Drawing up a last will and testament seem to be a straightforward process. On a certain perspective, preparing one is as simple as formulating a draft of a thesis a paper and then submit it when the deadline comes. On another viewpoint, it is a piece of document that really has the potential to make or even break a family, depending on how the last will and testament is done, on the terms and conditions used and where it has been drafted for execution. When you transfer and make Thailand your new home, there is always a potential that you will be able to procure assets for you and your family, especially if you will be staying for a long time. Prior to your transfer in the Kingdom, you may…
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Due Diligence in Thailand

Due Diligence in Thailand

Property
When purchasing a property, be it in Thailand or in another country, conducting due diligence must be a standard practice. Any interested party has the right to know everything about the property, its attached documents and the background of the person or entity he is dealing with and due diligence can provide him with the right information. Surely, it entails expenses on the part of the person wanting to purchase a property but these expenses are necessary to minimize if not to extinguish any possibility of him spending more than what he should because of litigation costs and lawyers’ fees in the future coming from an ill-advised acquisition. It is understandable that property agents, developers or private persons dealing their properties may use convincing terms primarily because their aim is…
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