Estate planning is a legacy you will leave for your loved ones. Estate duties are not only a significant burden on the bereaved, but the administration of your estate is often a complex nightmare for those left behind.
It is not only about the tax bill you may leave behind. Imagine how many countries in which you may have assets, even merely a simple bank account or property, do you realise the delays and stresses involved for those who have to deal with Probate in each of those countries? It can take many months, or even years.
For those with children or perhaps married to someone of a different nationality, there are particular problems to be protected against, as tax exempt spousal transfers may not be available.
Since none of us know when we might die it is something we should organise at the earliest opportunity.
Acuma Hong Kong can assist with the following estate/succession planning:
To find out more about Estate and Succession planning, contact Acuma Hong Kong today!