Articles

Administering a property goes beyond simply identifying the new owner. The transfer must be formally recorded on the public title at the Land Registry to provide a clear chain of ownership for the future.

Author: Kelly Leung , Trainee Solicitor Losing a loved one is undoubtedly a challenging experience. But dealing with their assets and financial affairs adds an additional layer of complexity and stress to the grieving process. If your loved one held assets or accounts in Hong Kong, it is important to understand the inheritance process in Hong Kong requires for managing and distributing their estate. Whether it is bank accounts, property, investments or other assets, this arti

If you have assets in multiple jurisdictions, sooner or later the question arises on how to manage your estate so that your interests are protected after death. The most straightforward answer is making a will. The design of a will, however, depends on the jurisdiction in which the will is to take effect and your choice of law.

After a loved one dies relations have the added burden at a time of bereavement of winding up the estate. The assets in the estate will be frozen from the date of death so there can be temporary hardship for dependents. There are two types of administration of estates, depending upon whether the deceased left a will.

Applications may be made to the Court for: 1) the grant of probate of the will, or letters of administration of the estate if there is no will, of a deceased person. 2) the revocation of a grant already made. 3) a decree pronouncing for or against the validity of a will.