The difference between Wills and Trusts is not always obvious. Both are valuable Estate Planning tools but they are not the same. Here are the main differences.
Yuseff Murphy and Alfred Ip discuss common questions around estate planning for Hong Kong residents, particularly in the era of COVID-19
A step forward for LGBT rights with Hong Kong Courts granting equal treatment under its succession laws. Last year Edgar Ng Hon-lam applied for a judicial review upon learning that the matrimonial home he owns could not be passed to his husband in case he died intestate.
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
Margaret Wo and Alfred Ip discuss the essentials of estate planning and probate process in Hong Kong plus some common pitfalls and how to avoid them.
COVID-19 has brought the issue to the foreground making people think about what can be done in advance to ensure that loved ones are protected and provided for if the worst happens. The first step to any estate planning is to draft a Will!
How to manage your Mandatory Provident Fund account in case of cancer and other terminal illness?
Will Ripley and Alfred Ip on implications of estate planning and Wills: from funerals to distribution of memorabilia, but especially provisions related to children.
Alfred Ip talks to Will Ripley about the importance of having a Will and the implications of the probate process in Hong Kong