법무법인(유한) 율촌 | Yulchon LLC

With rapidly aging population in Korea, inheritance disputes over estate allocation, forced heirship, will, etc. due to unprepared deaths and commencement of adult guardianship have become a reality that anyone could face, giving rise to the need for legal services to facilitate a smooth generational transfer of properties. When a death or loss of cognitive abilities is anticipated, the will and adult guardianship systems may help to ensure family welfare and prevent disputes. After the initiation of succession, family members can go through procedures such as adjudication on estate allocation, forced heirship, inheritance tax audit, etc. to secure their equitable shares of inheritance property. Further, they may save taxes if they deal successfully with family business succession issues. Yulchon’s Inheritance and Family Matters Team ensures that its clients enjoy the benefits of such systems and maximize their interests with satisfactory legal services provided by attorneys specializing in family matters. Among the Team members are a former presiding judge of the Family Court, attorneys who formerly served as a tax research judge at the Supreme Court, attorneys and CPAs with specialties in inheritance and business succession, and tax attorneys who are former National Tax Service officials with an abundance of experience of tax audits.