Where will my money and asset goes if I die

Post new topic

suzannateja Member

Member since 04 May 2024

suzannatejaMember04 May 2024 01:16:40

Hi, I am Indonesian marry to Cambodian. I have been in Cambodia for 15 years.

We have our marriage legally registered in Cambodia, I would like to ask, if example one day I die, will my money and any asset (in both Cambodia and my origin country) goes to my husband automatically? If I want it goes to my children here in Cambodia, what should I prepare from now?

Thank you.

JoeKhmer Cambodia expert

Member since 13 November 2015

JoeKhmerCambodia expert04 May 2024 06:38:55

2167

@suzannateja

For any exceptions of the usual procedure you need to make a last will by a notary lawyer.

That way you can arrange things to go the way you want.

Best regards

Joe

toni345th Active member

Member since 02 October 2023

toni345thActive member04 May 2024 07:12:29

@suzannateja

Talk to a lawyer at the first opportunity to discuss making a will, this is a legal nessasary and you must be advised by a professional.

Fred Cambo Active member

Member since 06 May 2022

Fred CamboActive member04 May 2024 07:17:41

It is not 'if' ... it is 'when I die'. This apart, this is indeed a good subject to prepare. For your Cambodia assets, you should arrange with a Cambodian notary indeed (I will have a name of one soon, recommended by a friend of mine, if that may interest you). And an Indonesian one in your country for your assets there.

Articles to help you in your expat project in Cambodia

Opening a bank account in Cambodia
As a foreigner living in Cambodia, opening a bank account is relatively straightforward and can save you quite a ...
Working in Phnom Penh
When it comes to expat living, Phnom Penh has it all. Thanks to an influx of foreign investment over the past ...
Living in Phnom Penh
Before going to anywhere in the world, people always try to find out about those places first. Likewise, before ...
Lifestyle in Cambodia
If you are about to settle in the Kingdom of Cambodia, you are probably wondering about its inhabitants' ...
Student life in Phnom Penh
Adjusting to life as a student can be difficult. Even more so if you are trying to do it in a new country, but ...
Developing your social circle in Phnom Penh
Moving to a city where you have no friends or family can be daunting. Thankfully, Phnom Penh has a large and very ...
Popular neighbourhoods in Phnom Penh
As a new expat in Phnom Penh, you are going to need to know the best neighbourhoods to live in for your budget, ...
Buying a property in Cambodia
If you're looking to buy a property in Cambodia 鈥� either for your personal use or as an investment ...