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Wills, Inheritance

Introduction

As death is inevitable, issues involving inheritance are also inevitable. ClassHankyul utilizes its expertise to help testators plan the inheritance of their property prior to their death and helps heirs to secure favorable outcomes in an amiable, efficient manner.

In order to prevent a testator’s property from being distributed in a manner contrary to his or her will, or situations where the property is not adequately delivered to the heir, it is recommended that professional legal assistance be engaged when preparing a will. To prevent disputes among heirs, such as suits for the return of the legal reserve of the inheritance property, a will should take into account factors such as the overall size of the inheritance property and measures to reduce inheritance taxes. Preparing such a will allows the achievement of multiple important goals, including the distribution of the testator’s property according to his or her will, prevention of discordance among family members, and saving on taxes.

Furthermore, a person who has suddenly become an heir due to an unexpected death of the testator may find himself or herself in a myriad of complex issues, including death registration, recovery of inheritance property, payment of inheritance taxes and registration of inheritance, necessitating the help of a legal professional. In particular, if you are unable to receive the distribution of inheritance property due your status as an heir, you must contact a family law attorney as soon as possible to ensure the lawful exercise of your rights. 

At ClassHankyul, our team of family law experts comprising attorneys specializing in wills, inheritance and succession of family business, tax accountants and certified public accounts work together to offer our clients the solutions most well suited to their specific situations. Prior to inheritance, our team provides legal services to help draft an effective inheritance plan and a valid will, including assistance with notarizing the will. After the inheritance process is initiated, our team helps the heir to undergo the necessary procedures in the most advantageous manner possible, and ensures that such procedures, including the division of the inheritance property, action for recovery of inheritance, action for the restitution of the legal reserve of the inheritance property, recovery of inheritance, etc., in a timely manner. Furthermore, our team also helps our clients to avoid the risk of having to assume the obligations borne by the testator through actions for qualified acceptance, renunciation of inheritance, and inheritance bankruptcy.
 

Major Business

Wills, Inheritance Plan

- Consulting for wills drafting and inheritance plans, preparation and notarization of wills
- Negotiations for divisions of inheritance property
- Action for adjudication on division of inheritance property, contributory amount
- Claims for restitution of legal reserve of inheritance
- Recovery of inheritance
- Renunciation of inheritance, qualified acceptance, special qualified acceptance
- Inheritance bankruptcy, etc.
 

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