Mortality is the most obvious, yet also the most overlooked, reality of human existence. We all know that we will leave this world sooner or later, yet we all seem convinced that this death will come much later than expected. We try as best we can to ignore the transience of our existence, thus avoiding any possible reminders of this unpleasant fact, including the dreaded confrontation with our own will.

The reluctance to write a will can perhaps be attributed to the fact that it not only reminds us of our death, but also of what we have achieved in life. It is almost like an autobiography, encoded in possessions and heirs.

Regardless, it is essential to plan your estate in advance to ensure your affairs are settled in the event of your death. This is also the best way to guarantee that your life's work benefits your loved ones. This is especially true for real estate abroad. This is particularly evident in Thailand, where a growing number of foreigners are establishing second homes.

In such cases, it is strongly recommended to draw up wills both in your home country and in Thailand. This is necessary because the formalities for wills vary depending on the legal system. A will drawn up in your home country that also covers assets in Thailand can be problematic and burdensome for your family, as the documents must be translated, notarized, and approved by an authority. Furthermore, settling assets in Thailand is more convenient and practical with a Thai will. For one thing, no certificate of inheritance is required in Thailand before a will becomes legally valid. Secondly, there is no inheritance tax in Thailand.

It is essential to draw up a Thai will that details your assets in Thailand, such as real estate, bank accounts, vehicles, and personal belongings. However, to ensure that your will complies with Thai law, it is recommended that you enlist the services of licensed and reputable lawyers in Thailand.

To begin creating your will, visit the "Creating Your Last Will and Testament" page on Siam Legal.