Thank you for the information. My assets in Thailand are my personal bank account and my computer. Our house and car are in my wife's name. I assume that joint bank accounts do not go through probate. Is inheritance money transferred from the USA taxed in Thailand?
You are correct, generally, joint accounts do not go through probate. As for inheritance tax, the best I can do is point you here. www.greenbacktaxservices.com/country-guide/expat-taxes-for-thailand/
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Excellent info. Thanks.
Glad it was helpful!
Thank you for the information. My assets in Thailand are my personal bank account and my computer. Our house and car are in my wife's name. I assume that joint bank accounts do not go through probate. Is inheritance money transferred from the USA taxed in Thailand?
You are correct, generally, joint accounts do not go through probate. As for inheritance tax, the best I can do is point you here. www.greenbacktaxservices.com/country-guide/expat-taxes-for-thailand/
As Benny Franklin once said "in this world nothing can be said to be certain, except death and taxes". Aint that the truth Ray! 👍👍🦘🦘
In all the collected knowledge, there is no greater truth, Bill.