Estate Planning In Hong Kong: Wills, Trust & Inheritance Tips
Estate planning in Hong Kong involves organizing and managing an individual's assets to ensure their smooth transfer to beneficiaries upon death. It includes creating wills, setting up trusts, and appointing executors and guardians. The process aims to minimize estate taxes, avoid probate complications, and ensure the individual's wishes are honored. Hong Kong's legal framework for estate planning includes the Probate and Administration Ordinance and the Inheritance (Provision for Family and Dependents) Ordinance.
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