Divorce can be linked to specific and long-term impacts on health and overall mental well-being. Naturally when the main caregiver is emotionally stressed, his or her children would inevitably suffer too.
Many spouses are surprised to learn just how commonplace it is for the counterpart to hide assets before or during divorce proceedings. Despite being illegal, similar situations and despicable behaviours keep happening time and time again.
Setting up temporary custody of your children is strongly advised in case of the occurrence of the worst-case scenario, or even temporary absence. This is extremely important especially for expat families and single parents.
It’s sad to imagine, but should something happen to both parents, children under 18 years old will need a guardian to take care of them as well as make decisions for them.
While the number of cases of international child abduction is growing, these are often the most difficult to resolve due to the involvement of conflicting international jurisdictions.
What happens when following a relationship breakdown or a divorce one of the parents wishes to move back to his/her country of origin or move to a third country?
All family assets – including Trusts – held in Hong Kong and overseas are normally considered part of the ‘matrimonial pot’ in divorce proceedings
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.
While abuse cases reporting in Hong Kong is on the increase, statistical figures are just the tip of the iceberg of what’s really happening. Injunctive relief is only part of the solution with much more to do left to social policies and legislation.