Asset & Wealth Management Center
“Bae, Kim & Lee's dispute settlement team has extensive experience and know-how and offers the best strategies and advice as it collaborates smoothly with other BKL teams.”
- The Legal 500 Asia Pacific
概要
BKL’s Asset & Wealth Management Center was established in September 2022 to address the full spectrum of legal needs arising from a sharp increase in asset values, population aging, and the growing number of succession disputes driven by high inheritance and gift tax rates.
The Center provides high-net-worth clients with one-stop, integrated advisory services through close collaboration among professionals in law, tax, and accounting across the entire succession lifecycle, including:
1) Pre-arranged asset distribution (gifts, trusts, wills, overseas relocation, etc.);
2) Payment of inheritance taxes (filing and audit response, securing funding sources for tax payments);
3) Post-event asset distribution (will execution, division of inherited property, etc.);
4) Dispute resolution relating to inheritance (will disputes, claims for recovery of inheritance, forced heirship claims); and
5) Succession and allocation of assets using corporate law techniques (corporate group separation, spin-offs, carve-outs, in-kind contributions, utilization of treasury shares, etc.)
The Center operates as a dedicated team composed of former professionals from the Supreme Court, the Seoul High Court, the Seoul Family Court, the National Tax Service, and major accounting firms, as well as specialists with more than 10 years of experience in family law, inheritance, and tax matters. In addition, the Center actively collaborates with leading domestic financial institutions—including Samsung Securities, Hana Bank, Mirae Asset, KB Bank, Shinhan Bank, and Hyundai Motor Securities—to help address clients’ succession-related concerns.
Building on this foundation, the Center presents proactive and strategic solutions to the three core imperatives of succession—tax efficiency, dispute prevention, and swift dispute resolution. Going beyond traditional succession issues centered on wills and inheritance, the Center also offers solutions involving succession planning through trust law and corporate law techniques, as well a succession strategies involving overseas relocation to jurisdictions such as the United States, Singapore, and Dubai.
The Asset & Wealth Management Center goes beyond the provision of legal advice alone. By gaining a deep understanding of clients’ succession concerns and proactively managing dispute risks, the Center serves as a trusted strategic partner and a reliable companion throughout the succession process.
