Through proper Estate Planning same-sex couples can enjoy nearly similar benefits as other couples in Hong Kong, and their children can be suitably protected.
Valuation of artworks is the first step that an investor should think about as it has deep consequences in wealth and estate planning, as well as in case of future divorce proceedings.
There are different types of trusts for different purposes depending on the settlor’s needs and goals, while the essential characteristic of all trusts is the separation of legal and beneficial ownership.
In the modern days when even chivalry has been pronounced dead by many, trusts remain relevant, especially for those who wish to protect family wealth and plan for succession.
Anyone making a Will should carefully consider how to choose the executor, and whether to put in additional clauses governing the powers and duties of the executor in the Will.
What happens to virtual currencies once the owner has passed away? Is an individual able to distribute such assets if he wishes to do so through his will?
If you want a proper way to plan for your succession and ensure your loved ones are looked after in your absence, you need a Will.
We explain why a will is vital for couples without children – a common phenomenon in Hong Kong and how a will is essential to these couples when planning their estate.
Everything you need to know about estate administration and executors in Hong Kong. We explain what the executor does, who can be one and how to appoint one.
You don’t have a will? Seriously! We discuss who can actually draft a will in Hong Kong… and how it can all go wrong when it’s not done correctly