Thailand Divorce Law: Financial Considerations

 

 

According to a recent article in the Daily Mail, couples investing in a large and festive marital ceremony, might be creating fertile ground for their own future divorce. According to the Daily Mail, 8 in 10 couples who divorce within five years cite high wedding costs and young newly-weds regularly spend over £30,000 (46,000 USD or 1,350,000 baht) on the wedding ceremony. However, British actress, Keira Knightley may be setting a trend by having a more modest ceremony. Keira abandoned the limo, big dress and expensive cake and actually got married at a City Hall.

The financial and legal implication of marriage and divorce are also apparent amongst senior couples. Many seniors, due to excessive health care costs in the US, need to qualify for some public assistance. According to the NJ.com, New Jersey law allows couples to divorce (even if they are still happily married)and transfer community assets of the marriage to the other spouse in order to meet the financial requirements of Medicaid.

As Thailand attorneys assisting foreigners in marriage and Thailand divorce, we have witnessed both ends of the spectrum: from privileged clients investing in the most extravagant of affairs, with private islands replete with a fleet of longtail boats being sequestered for the wedding, to clients who have been through the most violent of divorces, where financial motivations have made the Thailand divorce turned deadly. Regardless of your personal situation, it is clear that the financial implications of either getting married or divorced are something that need to be given serious consideration.

Related Documents:
Marriage and Divorce in Thailand: When Love Turns Deadly
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