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Passing On Your Legacy
More important than you know, but easier than you think.
What will happen to your assets if you are no longer here?
You should write your will now.
Our experience and knowledge at Carey Suen Will Services Limited is here for you.
Your needs and those of your loved ones are important to us – but you need to act now.
We offer a free consultation in which we can ensure that you know how all of your assets globally interlink when you die and how your loved ones can achieve access at the most needed time. We can also help your estate save money by creating the right documents needed to avoid extra, needless costs.
What happens to your digital assets and online presence when you die? Generally, we are the only ones with the password letting your loved ones know your log-in details when needed is important.
Cross Border Planning
Cross border-planning is vital for these reasons:
- You have a spouse from a different country
- Your children were born in different countries
- You have assets in different countries
- You intend to retire in a different country
Losing an owner, shareholder or a key person who plays a fundamental role in the operation and growth of your business could have a devastating impact on your business.
If you were born in the UK and still hold a British passport, you need to read this! Everyone is UK Domicile, which means that your global assets are assessed for Inheritance Tax when you die. You can create a Domicile of Choice over time to mitigate overseas assets from being assessed.
HK does not have orphanages so should something happen to both parents of a minor, foster parents would look after them until permanent guardians are nominated.
Are your assets are in a country that don’t acknowledge your lifetime partnership? If you don’t have a will, anything that is in your sole name would not be distributed to your spouse.
Annette is amazing ! She just helped a dear friend’s family (who had to come up from the States) so much, as it is a nightmare here in Hong Kong when someone dies.
Nobody ever wants to write a will, but Annette made the process easy. Annette is very detail oriented, asked the right questions, and has helped give me peace of mind for the future
CSW was incredibly friendly and approachable in helping write our wills and guardianship. I feel very comfortable that my family will have all the information they need when the time comes.
We were daunted by the prospect of writing our will, but Annette made it easy and comfortable to complete our wills, finally.
For Your Interest
A dear client sadly passed away leaving a wife and two step-children. He was American and the wife Filippino (she was very hesitant about signing documents to do with either one dying.) I encouraged them to write their wills but also encouraged a family (living trust)...
Scope of Inheritance Tax for non-Domicile UK asset holders From 6th April 2017, an individual is deemed to be domiciled in the UK (even though they may continue to have a non-UK domicile under general law) if they have been UK resident for at least 15 out of the past...
Inheritance tax (IHT) is the tax which is paid on an estate when the owner of that estate dies. Inheritance tax (IHT) is the tax which is paid on an estate when the owner of that estate dies. Depending on certain criteria, the tax may also be payable on gifts or...
We’re here to help and answer any question you might have. We look forward to hearing from you.