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When Should a Living Trust be Updated?
Many people asked me whether a living trust or an estate plan is entirely done by making it once in a lifetime. However, in most cases, a...
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Reasons Why Joint Tenancy is Not the Perfect Inheritance Plan
Many Korean immigrants use joint tenancy with their spouse or children as their estate plan. For example, a husband and a wife own a...
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A Living Trust and Current Assets
There are various inquiries from clients who requested phone call consultation. These days, more clients inquire about inheriting the...
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Can I Avoid Estate Litigation?
Recently, many clients have visited my office due to their estate litigation. I do not think that this experience is limited to my...
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I gave Estates to my Child. Should He divide it with his Spouse?
A property given to a child while the parents are alive is a "gift." A property given to a child after the parent's death is an...
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Korean Inheritance Tax for U.S. Koreans to Watch Out for
I am on a business trip to Korea to establish a liaison office. There is an increase in baby boomers moving back to Korea as they...
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