Private Clients & Estates

"They're a very strong group - high net worth individuals correctly see them as top-tier"

- Chambers & Partners HNW

Overview

Inheritance involves more than a one-time passing of property upon death but a series of carefully planned transfers of one’s assets accumulated during lifetime to the next generation. We provide a comprehensive solution to all legal issues that may arise in such process to ensure successful transfer of assets.

We provide optimal solutions for successful transfer of assets, based on our substantial experience and deep expertise in this field. We understand such successful transfer requires tax savings and dispute avoidance among heirs, and to that end, we consider a variety of measures including gift, trust, will, corporate restructuring and mergers and acquisitions. We have extensive experience in advising a diverse pool of clients and also have a keen understanding the sensitive nature of these matters.

As disputes relating to family affairs and inheritance involve procedures and details substantially different from other disputes, they require the services of a law firm with expertise and experience. As the first big law firm in Korea to specialize in this field, our breadth and depth of experience and expertise are unmatched. In addition, our group closely work with professionals in other areas including attorneys specializing in corporate and tax laws, CPAs and other specialists to deliver a comprehensive advice. We also help clients resolve disputes relating to family affairs and inheritance in other jurisdictions in coordination with counsels and tax advisers in relevant jurisdictions.

Key Services

Inheritance
Inheritance property, contributory portion and legal right share
Preparation and execution of will
Living trust for will substitute, will trust and other trust related tasks
Adult Guardianship
Adult guardianship
Application for commencement of adult guardianship and other related applications
Voluntary guardianship agreement and application for adult guardianship
Marital Relationship
Divorce, including division of property
Custody and child support
Visitation rights
De facto marriage
Annulment and cancellation of marriage
Family relationship
Biological paternity
Adoption

Representative Cases

Defended against a claim by a child of the chairman of a listed company for nullification of stock to the other child
Defended against a claim for legal right share with respect to inheritance consisting of considerable shares and cash by some heirs
Represented in court proceedings relating to division of inherited property from the chairman of a listed company and legal right shares among heirs
Inheritance
Defended against a claim by a child of the chairman of a listed company for nullification of stock to the other child
Defended against a claim for legal right share with respect to inheritance consisting of considerable shares and cash by some heirs
Represented in court proceedings relating to division of inherited property from the chairman of a listed company and legal right shares among heirs
Adult Guardianship
Advising with respect to an attempted adult guardianship over a parent by a child when the parent gifted his property to other children
Advising on the use of adult guardianship in a case where a child blocked the other children’s contact to their parents and siphoned off their parents’ property
Trust
Advised on a proper property division structure, to avoid any legal right shares, using the living trust for will substitute
Divorce
Advised in a case relating to request for alimony for the reason of infidelity in a de facto marriage
Advised in division of joint property of a wealthy couple