Parents will do everything in their power to protect their families. And though writing a will may be a heavy topic we don’t want to think about, it is essential to keep our loved ones protected and provided for. Finding the right people to assist you can ease a usually strenuous process so that you can rest assured that your family will always be safe. Let the stress melt away, and check out Little Step’s picks of the top places to go to make a will and guardianship documents in Hong Kong.
MORE KEY PERSONAL FINANCE ARTICLES FOR PARENTS IN HONG KONG:
Focusing solely on Will-writing and Estate Planning, Harbour Wills and Estate Planning's trained and qualified Will writers can simplify what may seem like a difficult and complex process. They will help guide you through the important areas to consider for your estate plan, answer all the questions you may have, and work with you to ensure that your wishes are accurately reflected in your documents. No matter the complexities of your family’s needs or the jurisdictions involved in your estate, they can assist. Harbour Wills and Estate Planning is registered and regulated by the Society of Will Writers.
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As a leading wealth management company, along with offering protection planning services for your children and family to aid in generational wealth, St. James Place also helps you draft and write a will, appoint guardians, and create an enduring power of attorney – someone who can manage your money if you are ever unable to. Believing that protection is key and experts in the matter, they will optimize your wealth for your little ones’ future.
We can't help but recommend Jessica Cutrera and her team at Leo Wealth (Formally known as Capital Company) in Hong Kong for all things family finance, including drafting wills and guardianship documents. Her team is professional, efficient and ensures that ex-pats documents don't need to be continually updated by asking all the questions. They help create documents for both Hong Kong law and countries outside as well. This is a real one-stop-shop!
Leo Wealth, Lucky Building, 23/F, 39 Wellington St, Central, Hong Kong, https://www.leowealth.com/
Information overload comes to mind when words like executors, trustees, living wills, and bona vacantia come into the picture. Fortunately, Professional Wills offers a user-friendly website to help parents understand all the legal jargon and terminology associated with wills and estate planning. They also provide their expertise and services in will writing, enduring powers of attorney, and living wills. For other matters such as tax advice, they can recommend you to qualified partners.
An international firm with a branch in Hong Kong makes Nixon Peabody a good choice for international and local families or even those planning to move abroad in the future. They help protect your wealth and create tax-efficient solutions through wills, revocable trusts, life insurance trusts, and other services. Because they are a part of a full-service law firm, their capabilities extend beyond your will to aid with tax preparation, asset management, and more.
Nixon Peabody CWL, 5/F Standard Chartered Bank Building, 4-4A Des Voeux Road, Central, Hong Kong, +852 2521 0880, http://www.nixonpeabody.com/en/locations/hong-kong
Being a medium-sized law firm, Cham & Co. can give you individualized attention when it comes to drafting your will. They provide many services such as handling estate duty clearance, applying for grants of probate, and preparing family trusts. They are popular for efficient and trustworthy services and ensure your family’s beneficiaries receive what was intended.
As the name implies, Good Wills is founded on a belief of goodwill – that every person, from whichever stature of life, has the right to say where their hard-earned assets are passed down. Their core expertise lies in will writing, will consultancy, and wills for other jurisdictions - whether that is for pet-owners, parents, or individuals, so that kids and even pets have appointed guardians. Accommodating the international needs of Hong Kongers, they can also help if your assets are located in multiple countries. They have also been awarded the “Hong Kong Most Outstanding Business Awards 2021” by CORPHUB.
If full-service and crystal-clear guidance appeal to you, then the services of Mohnani & Associates will help you execute your plan flawlessly. They provide clients with advice on drafting and updating their wills and can also provide a full probate service in which they will assemble the details of your assets and liabilities, obtain valuations, and apply for resealing of grants issued in foreign jurisdictions, amongst other vital services so you and your family can sleep soundly unless you’re in the sleepless night's phase like so many of us!
Chueng & Yeung Solicitors provide comprehensive services, and part of that is advising clients on their wills and trust arrangements. They can help draft and advise on a will, deal with property distribution, and set up family trusts from the start. With all the legalities sorted for you, busy parents can rest assured that all their bases will be covered.
Coming in highly recommended among Hong Kong parents is Phoenix Wills, who specializes in will writing and estate planning for individuals, families, and companies. Knowing how busy families can be, they can even meet you in your own home at your convenience, making the daunting process a little more pleasant with their friendly demeanor and flexibility. Along with estate planning solutions, they will take care of everything from appointing guardians, drafting wills, and establishing powers of attorney.
Like many Hong Kong families, your lives may be intertwined with other countries – however complex your international ties are – the services of Carey Suen Will Services will have you sorted. With expert knowledge in cross-border planning, they’ll ensure that there are no loose ends to tie and provide competitive costs and a highly tailored approach. They also assist with civil partnerships, digital wills, and trusts.
Home Affairs Bureau, http://www.hab.gov.hk/
Hong Kong Ordinances, http://www.hklii.hk/eng/hk/legis/ord/30/