Private Wealth & Family Law
"They're a very strong group - high net worth individuals correctly see them as top-tier"
- Chambers & Partners HNW
Overview
BKL relies on its experts in tax, corporate and business law, restructuring, family law, complex litigation, and cross-border issues to provide comprehensive estate planning and family law services to select clients.
BKL is the first major Korean law firm to specialize in estate planning and family law.
BKL understands that estate planning can involve sensitive and complex issues involving family law, corporate governance, mergers and acquisitions, cross-border regulations, corporate restructuring, tax, international tax, and potential litigation. BKL’s attorneys, CPAs, and other specialists work together seamlessly to develop and implement optimal solutions for our clients.
Key Services
Inheritance
Represented and advised client on the disputes involving the division of inherited and contributory portion
Represented client in the case seeking the return of legal reserve of inheritance
Advised client on the preparation and execution of will
Handled matters regarding living trust for will substitute, will trust and other trust related issues.
Represented client in the case seeking the affirmation of the nullification of a will
Adult Guardianship
Represented client in application for adult guardianship and related applications
Advised and represented client in adult guardianship dispute
Advised client on voluntary guardianship agreement
Marital Relationship
Advised and represented client in major disputes related to divorce
Represented client in division of property in divorce
Represented client in child custody and child support case.
Represented client in the case involving visitation rights
Represented client in multiple cases related to de facto marriage
Represented client in case seeking nullification and cancellation of marriage
Family Relationships
Represented client in paternity dispute and biological parent-child relationship
Adoption
Represented client in case seeking the payment of child support
Representative Cases
Represented client in case involving division and legal reserve of billions of KRW worth of property inherited from the chairman of a listed company
Advised client on an appropriate property division structure using a living trust for will substitute to avoid disputes not only during the lifetime and also after death of an inheritee
Represented client in case where marital property division depended heavily on appropriate valuation of jointly owned unlisted stocks that raised questions of corporate governance.
Inheritance
Successfully defended against a claim filed by child of chairman of a listed company for nullification of inheritance of stock to other child
Successfully defended client in inheritance case involving multiple alleged heirs and stocks, cash and other assets worth several hundred billion KRW and complicated issues involving legal reserve
Represented client in case involving division and legal reserve of billions of KRW worth of property inherited from the chairman of a listed company
Successfully represented client in contested will of a billionaire. Will was found to be valid by the court.
Adult Guardianship
Represented client in case where a child sought adult guardianship over his father, taking issue with the fact that the father gifted his assets only to other siblings and not to himself
Advised client on the use of adult guardianship in a case where a child blocked the other siblings from contacting their parents and siphoned off their parents’ property
Trust
Advised client on an appropriate property division structure using a living trust for will substitute to avoid disputes not only during the lifetime and also after death of an inheritee
Divorce
Represented client in case where client was awarded a considerable amount of alimony for the reason of infidelity in a de facto marriage
Represented client in case involving division of hundreds of billions of KRW worth of jointly-owned marital property
Represented client in case where marital property division depended heavily on appropriate valuation of jointly owned unlisted stocks that raised questions of corporate governance.
