If you don't have a will or a trust, state
law determines who will inherit your estate. Everyone
should have a will. It is advisable to ensure that you
have a Will drawn up in each judicial juristiction that
you own property, to minimise any propblems for your family
or other beneficiaries that survives you.
PBRL Legal Services have lengthy experience
in ensuring that your Will accurately reflects your wishes
here in Thailand and are able to arrange for this same service
in any other country on your behalf.
A trust is a more flexible instrument than a
Will, one of its many uses is for disposing of assetts on
death. For higher net worth clients with slightly more complicated
wishes on their death a Trust can be used to avoid probate.
PBRL Legal Services are able to use Offshore Trusts and other
Offshore arrangements to minimise any Tax Liabilities for
our clients, both whilst living and after death.
Last Wills and Trusts should be reviewed yearly
to reflect any changes in circumstances, new executors and
amendments to beneficiaries. They should also take into account
any increase in overall wealth and consequent inheritance
tax levels and how to mitigate against liability. At PBRL
we work to ensure that efficient and beneficial Estate Planning
is one of the key cornerstones that we set in place to protect
our client's best interests. We believe in the Holistic approach,
ensuring that the client's whole financial and administrative
picture is in good shape.