As part of a thorough Estate Planning, a Will and a Trust usually complement each other, however in some circumstances the terms of the two documents may conflict.
What happens when a beneficiary is displeased with the actions of a trustee, and what methods of legal recourse are available?
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.
The difference between Wills and Trusts is not always obvious. Both are valuable Estate Planning tools but they are not the same. This Q&A explains the main differences.
Homemade Wills often present more problems than solutions. Will drafting should always been done properly by professional lawyers with specific experience in Estate Planning.
When planning to relocate from Hong Kong to the UK, it is crucial to avoid unpleasant surprises from the UK tax law system, that could have a significant impact on personal and family wealth.
Alfred Ip of Hugill & Ip discusses with Julia Jackson and Matthew Braithwaite of Wedlake Bell issues related to immigration. The preparatory steps when applying for resident status in the…
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.
During the current coronavirus pandemic, it’s understandable that many people start thinking if they have properly taken care of their affairs: setting up or reviewing how to protect your assets and loved ones becomes paramount.
In divorce proceedings everything owned or controlled by the parties is to be considered as part of the matrimonial pool. However, there is a difference regarding the assets which have been inherited.