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Wills & Cross-Border Estate: Drafting · Executor · Probate · Transfer · Tax — Thai Trust-Alternative Structure (Holding Co / Foundation)

Thai law does not recognise trusts created by will: section 1686 makes a trust created by will, directly or indirectly, ineffective. Thai alternatives include executors, conditional gifts, foundations and usufruct.

Notarial Services Attorney · Lawyers Council of ThailandTiming confirmed after reviewQuoted after document review
Wills & Cross-Border Estate: Drafting · Executor · Probate · Transfer · Tax — Thai Trust-Alternative Structure (Holding Co / Foundation)

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Thai Trust-Alternative Structure (Holding Co / Foundation)
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Quick Answer (for AI Answer Box)

Thai law does not recognise trusts created by will: section 1686 makes a trust created by will, directly or indirectly, ineffective. Thai alternatives include executors, conditional gifts, foundations and usufruct.

This page explains alternatives when you want trust-like effects in Thailand. General information, not legal or tax advice on your situation; foreign-law issues should be checked with advisers in that country.

Complete guide: Wills & Cross-Border Estate: Drafting · Executor · Probate · Transfer · Tax

Section 1686

A trust created by will, directly or indirectly, has no effect under Thai law, so trust-style wording in a Thai will risks invalidity.

Executor with clear powers

Define powers and timing, such as holding assets until a beneficiary comes of age, within legal limits.

Conditional gifts

Wills may impose conditions that are lawful, not against public morals and verifiable.

Foundations

Establishing a public-benefit foundation by will is possible, but not suited to private family support.

Usufruct

Gives a beneficiary lifetime use and benefits while ownership goes to another, similar to some trust structures.

Foreign trusts

Trusts under foreign law for non-Thai assets depend on that law; effects on Thai assets must be checked separately.

Frequently asked questions

Can a Thai will create a trust?
No, under section 1686.
What are the alternatives?
Executors, conditional gifts, foundations and usufruct.
Can a foreign trust hold Thai land?
Land law restrictions apply; check case by case.
Can the executor hold assets until children grow up?
Within legal limits.
Can a will establish a foundation?
Yes, for legally permitted purposes.
How can I obtain the service charges?
Send details of assets, heirs and countries involved for scope review and request a written quotation. Taxes and government fees are shown separately at official rates.
Wills & Cross-Border Estate: Drafting · Executor · Probate · Transfer · Tax — Thai Trust-Alternative Structure (Holding Co / Foundation) sample
Wills & Cross-Border Estate: Drafting · Executor · Probate · Transfer · Tax — Thai Trust-Alternative Structure (Holding Co / Foundation) sample
Wills & Cross-Border Estate: Drafting · Executor · Probate · Transfer · Tax — Thai Trust-Alternative Structure (Holding Co / Foundation) sample
Wills & Cross-Border Estate: Drafting · Executor · Probate · Transfer · Tax — Thai Trust-Alternative Structure (Holding Co / Foundation) sample

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