You can use a Thai will to leave assets to an overseas trust, but it needs careful planning.
The trust must be valid in its own country and acceptable under Thai law. For example, you might instruct that your Thai bank accounts or condo go into a trust based in Singapore or the Isle of Man. However, both Thai and foreign legal requirements must be met, so it’s best to work with a professional to get this right.
Thailand allows trusts under certain laws, primarily for financial markets. Trusts for personal estate planning are rare and may not always be recognised. If you’re considering using one, we can help you determine if it’s suitable for your situation.
Category: Succession Planning
