Estate Planning is not a one-off exercise that people should do when they get older, but rather an ongoing process that gets reviewed and revised to be in line with changing situations and family dynamics.
How to contest a Will? How does the Court evaluate its validity?
While one way of protecting a testator’s assets is to have a Will, there are other steps that can be taken to avoid unauthorised or unfair transfers during their lifetime.
Homemade Wills often present more problems than solutions. Will drafting should always been done properly by professional lawyers with specific experience in Estate Planning.
Alfred Ip and Kerby Lau discuss the importance of proper estate planning and the probate process in Hong Kong while also highlighting some of the most common pitfalls and how to avoid them
All family assets – including Trusts – held in Hong Kong and overseas are normally considered part of the ‘matrimonial pot’ in divorce proceedings
It is reassuring for settlors to know that the Hong Kong courts hold professional trustees to a very high standard when exercising their fiduciary duties. Strong protection from the courts may be another reason why professional trustees may be preferred.
Everything you need to know about wills, testamentary freedom and the law in Hong Kong, and your rights in the case of disinheritance
We explain what a mutual will is and why it might not be the best solution for your family
When Estate Administration Goes Wrong: We take you through the process of making changes to your estate’s executor