Can foreigners and local residents make wills in Hong Kong?
Yes, both foreigners and local residents can make wills in Hong Kong to manage their assets located in the region. This includes real properties, stocks, cash, businesses, and other assets.
Do foreigners need to make separate wills for overseas assets?
Yes, if foreigners have assets overseas, they may need to write a will in the respective country. It is advisable to seek legal advice from our Wills solicitors to ensure all assets are properly accounted for.
Who can help me with making a will in Hong Kong?
Our experienced Wills solicitors, led by Partner Sharon Chan, who has helped hundreds of clients prepare and witness their wills, can assist you. We prioritize helping you plan your succession effectively.
Why is it important to make a will?
Making a will is crucial as it ensures your assets are distributed according to your wishes. Regardless of the size of your estate, a will provides clarity and peace of mind, preventing potential disputes among beneficiaries.
What types of assets can be included in a will?
You can include various types of assets in your will, such as:
- Real properties
- Stocks and shares
- Cash and bank accounts
- Business interests
- Personal belongings and other valuable assets
How does the will-making process work at your firm?
Consultation: We start with a thorough consultation to understand your needs and wishes.
Drafting: Our solicitors draft the will according to your instructions, ensuring it meets all legal requirements.
Review: We review the draft with you, making any necessary adjustments.
Execution: Our solicitor will act as one of the witnesses during the signing of the will. The fee for witnessing is included in our service.
What makes a will valid in Hong Kong?
A will must meet several legal requirements to be valid in Hong Kong:
- It must be in writing.
- The testator must be at least 18 years old.
- The testator must have mental capacity and make the will voluntarily.
- The will must be signed by the testator in the presence of two witnesses, who must also sign the will in the presence of the testator.
Why should I consult an experienced lawyer for making a will?
Consulting an experienced lawyer is essential because:
- They ensure the will meets all legal requirements.
- They provide professional advice tailored to your specific situation.
- An invalid will can cause significant issues and disputes among beneficiaries.
What happens if I don’t have a will?
Without a will, your assets will be distributed according to the intestacy laws of Hong Kong. This may not align with your wishes and can lead to disputes among your heirs.
How can I start the will-making process?
To start the will-making process, you can contact us to schedule a consultation. Our experienced team is here to listen to your needs, provide expert advice, and ensure your will is valid and enforceable.
Contact Us
If you have any questions or need assistance with making a will, please contact us. Our team, led by Sharon Chan, is dedicated to providing personalized and professional services to ensure your succession planning is handled with care and expertise.
We help you with our experience and professional knowledge to ensure your will is valid and reflects your wishes.
Contact us today to schedule your consultation.
