WEALTH CARE
Estate matters, Saving for retirement and home renovations
- Published: 24 Dec 2012 at 00.00
- Newspaper section: Business
I have been appointed to manage the finances of my late father. My intention is to withdraw all the cash, close all the accounts and put everything into my mother's name. What sort of tax liability might this entail?
So far, we've counted my father's assets as 10 million baht in deposits, five rai of land in Chiang Mai, 1 million baht in the Government Savings Bank lottery and some stocks. Please advise.
_ Anonymous
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