Question 1

What is considered marital property under Thai law?

Accepted Answer

Marital property under Thai law includes earnings and most other property acquired during marriage, property acquired during marriage through a will or gift made in writing if it is declared by such will or document of gift, and property that is acquired during the time a couple is married.

Question 2

What assets may be excluded from marital property under Thai law?

Accepted Answer

Non-marital assets under Thai law include property acquired before the marriage, property for personal use such as jewellery or tools of a profession, property acquired from an inheritance, property acquired as a gift, and property excluded by a valid prenuptial agreement.

Question 3

Can marital assets be divided before a couple gets divorced under Thai law?

Accepted Answer

No, marital assets cannot be divided until a couple gets divorced under Thai law.

Question 4

What does the obligation to share each other's losses mean for married couples under Thai law?

Accepted Answer

The obligation to share each other's losses means that spouses share equal and joint responsibility for the debts they incur during their marriage under Thai law.

Question 5

Does the system of marital assets and debts under Thai law seem fair and simple?

Accepted Answer

This is subjective and depends on individual opinions. However, the system under Thai law aims to ensure that both spouses share both the gains and losses equally during their marriage.

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