Beneficiary Designation
Insurer / Bank / Fund manager · used for Life insurance payout · Bank account TOD/POD
NYC Legal has drafted 1,800+ Beneficiary Designation instruments over 10 years across wills, trusts, probate, and POAs.
End-to-end: draft will/trust → court filing → registration → distribution in Thailand and abroad.
Preparation at Insurer / Bank / Fund manager takes 1-14 working days at ฟรี (ค่าธรรมเนียมราชการ 0). NYC Legal handles the intake, drafting, witnessing, and safe storage.
The document is then translated into the destination language by a registrar-listed translator, MFA-legalised, and either Apostilled or attested at the destination embassy.
Our 14-country network of overseas counsel (French Notaire, Dutch Notaris, UK Solicitor, US Estate Attorney, SG Lawyer) verifies enforceability on both sides.
First-pass acceptance at overseas probate registries: 94-96%.
Coverage
How it works
- 1
Intake & planning
Interview heirs, asset map, jurisdictions, estate-tax exposure, and chosen pathway (will / trust / POA / probate).
- 2
Draft Beneficiary Designation
Drafted by a licensed Thai lawyer with parallel-language QA (1-14 days).
- 3
Witnessing & execution
Two witnesses under CCC s.1656 or public-will route at the District Office.
- 4
Translate & notarise
Registrar-listed translator + Notarial Services Attorney.
- 5
MFA + Apostille / embassy
MFA Chaeng Wattana → Apostille (Hague) or destination embassy (2-7 days).
- 6
Safe storage & overseas counsel
Stored in our safe deposit + dispatched to overseas counsel.
Frequently asked questions
How many witnesses does a Thai will require?
CCC s.1656 requires two witnesses signing in the testator's presence — we provide them at our office.
Where can this document be used?
Life insurance payout, Bank account TOD/POD
Total cost?
ฟรี (ค่าธรรมเนียมราชการ 0) + translation + MFA + Apostille/embassy depending on destination.
Where is the original stored?
Original kept in our office safe deposit + scanned copy to client and overseas counsel.
Can the document be amended?
Yes — by codicil or by drafting a fresh instrument revoking the prior one.
Is Thai inheritance tax payable?
Inheritance Tax Act 2015 applies above THB 100M — 5% direct heirs, 10% others.
Can a trust be registered in Thailand?
No — CCC s.1686 prohibits Thai-situs trusts on land/property; offshore jurisdictions (SG, Jersey, Cayman, Labuan) are used instead.
When is the document operational?
1-14 days for drafting + 5-14 days for MFA/Apostille/embassy.