LEGAL WILL
WILL MEANS "YOUR" WISHES
A will represent "your" wishes and "your" decisions on how to deal with "your" properties. You may take in account the wishes of others especially your spouse and children. The final decisions are always yours. Speak to us and ask our advice.
Your trusted destination for comprehensive and reliable legal services in Hong Kong. Our dedicated team of professionals specializes in providing top-notch assistance in will writing and estate planning.
Will drafting: Our firm excels in the meticulous creation of wills that precisely reflect your wishes and safeguard your assets for the future.
Estate planning: We offer strategic estate planning services to help manage and preserve your estate for your loved ones.
Testament preparation: Let our experienced lawyers guide you through the process of preparing a legally binding testament ensuring your assets are distributed according to your wishes.
Probate law firm: As a reputable probate law firm, we assist in navigating the complexities of probate proceedings efficiently.
Inheritance lawyer: Our team includes inheritance lawyers who provide expert advice on matters related to inheritance laws and distribution.
Last will and testament: Craft your last will and testament with our proficient attorneys ensuring clarity and accuracy in your directives.
Will creation service: We provide a specialized will creation service tailored to suit your individual needs and preferences.
Trust formation: Our services extend to the establishment of trusts, offering security and a well-structured framework for your estate.
Estate administration: Entrust our skilled professionals with the administration of your estate to ensure smooth processes and compliance with legal requirements.
Asset distribution: We facilitate the fair and rightful distribution of assets according to your expressed wishes.
Executor guidance: Our team offers expert guidance to executors, ensuring the proper execution of your will.
Probate process: We navigate you through the probate process efficiently, minimizing hassles and delays.
Legal will drafting: Our legal team specializes in the art of drafting legally binding wills, guaranteeing precision and compliance with legal norms.
Estate settlement: We handle estate settlements with precision and sensitivity, ensuring proper closure for all involved parties.
Will writing attorney: Consult with our experienced will writing attorneys for comprehensive guidance and tailored solutions.
At YTT, we understand the importance of securing your legacy and ensuring your wishes are respected. Contact us today to avail of our specialized will writing and estate planning services tailored to your unique requirements.
INSTRUCTIONS & REQUIRED DOCUMENTS
What we need from you is simple:
- your identification document for your real names and particulars e.g. HKID card or passport
- your address proof
- your itemised list of assets
- identification documents of your beneficiaries and their particulars e.g. relationship with you
- information about your family
- your instructions on how the assets are to be divided
LEGAL FEES
Legal fees should not be your concern. Our fee can be as low as HKD1000 if your will consists of one executor and one beneficiary who are also the same person.
We encourage people to make simple for clarity and easy to understand reason. In case you have certain assets e.g. a matrimonial home which would specifically be given to your spouse, it would cost you more. In any even, we shall give you a definite quoted amount after knowing the will's content. As guidance, our will clients usually have their wills prepared on paying a sum at the range of $1000-$5000.
- Simplest Will - $1000. Perfect for individuals who want to give everything to just one person e.g. wife or child who is also the executor.
- Standard Wills - $1500 to $3000. With multiple beneficiaries and specific assets e.g. a real property given to one or 2 beneficiaries. Perfect for families with spouse and children
- Premium Wills - Ask for Quote. Perfect for individuals with riches desiring to make complex arrangement and distributions, including charities.
WILLS FAQ
Wills FAQ: Everything You Need to Know About Estate Planning in Hong Kong
What is a Will and what can you do with it?
Answer: A Will is a legal document outlining your wishes for distributing your assets after death. It allows you to name beneficiaries, appoint executors, and even set up trusts.
When should I make a new Will?
Answer: Life changes! Consider updating your Will after major events like marriage, divorce, birth of children, or acquiring significant assets.
What information do I need to make a Will?
Answer: Be prepared with details like preferred executors, beneficiaries (including alternates), potential guardians for minor children (if applicable), and a general inventory of your assets.
How long does it take and what happens after signing?
Answer: While timelines vary, we can create a basic Will within days. Sign with two witnesses (one being a solicitor) , andkeep the original in a safe place.
Can I make copies of my Will?
Answer: Yes, for informational purposes. However, avoid signing duplicates; stick to one original to prevent confusion.
Is a lawyer necessary for making a Will?
Answer: While DIY Wills exist, legal expertise ensures accuracy and minimizes future disputes. We offer affordable and convenient Will preparation in Hong Kong.
Is a simple will for HKD1000-3000 enough for me?
It's always fine to make a simple will e.g. executor and beneficiary being the same person or making simple division such as equal division among 2 or 3 beneficiaries. Simplicity will create the least uncertainty. But there are some situations in which you may need more than a simple will and should get expert advice or, at the least, investigate your options. Consult your lawyers !
Is a simple Will enough, or do I need something more complex?
Answer: Simple Wills for basic distribution work well. However, complex situations involving family dynamics, trusts, or special needs children might require expert advice.
How do I change or revoke my existing Will?
Answer: Minor changes require amendments following legal guidelines (consult a lawyer). For major changes, consider creating a new Will revoking the previous one.
What laws govern Will validity in Hong Kong?
Answer: The Wills Ordinance and relevant common law cases form the legal framework for Will validity in Hong Kong.