Estate Planning for British Expatriates in Hong Kong
Planning what happens to your wealth once you pass away can be an emotional process and it needs time, consideration and care to strike the right balance. Our highly skilled Estates team will work closely with you, offering tailored one-to-one meetings to discuss all elements of estate planning to help fulfil your wishes.
One of the first steps we undertake is to ensure you have valid UK Wills so that your assets pass on to the people you want them to and your bequests are executed efficiently and without prolonged delays. Issues of inheritance can be overwhelming at what is already a difficult time and having a Will in place offers immediate peace of mind that care is taken of your family.
A regular review of your Will with any appropriate updates is essential to take into account your changing circumstances. In addition, we can act as your Executor, providing the help and support your family will need during the estate administration.
An area within UK estate planning that has seen a significant rise in prominence is setting up a Lasting Power of Attorney (LPA). This form of safeguard effectively protects you should you lack the mental or physical capacity to act on your own behalf. Individuals must now complete LPAs, which being more complex than their predecessors, has resulted in an increased demand for advice and guidance in this area.
With life expectancies consistently growing each year, as well as many of us enjoying more active and mobile lifestyles, estate planning is becoming more important for our clients. We have significant experience in this area, and if required, we can act as your Attorney if and when needed.
To discuss estate planning for your circumstances please get in touch on +(852) 2526 9488 or via firstname.lastname@example.org.