Beginners Guide to Choosing the Best Estate Planning Services in Hong Kong
To ensure your intentions will be followed, regarding sharing your wealth in unfortunate events, you should just plan your will as early as possible. Thus, it is essential to get both the best will writing and estate planning services in Hong Kong. In this article, we’ll be listing down top estate planners in Hong Kong, but you can also check out our list of the best will writing service providers in the state.
Here are a few tips to help you get the best service suited for you.
Tip 1 is to find a professional to help you. Enlisting a professional’s help is important. That’s because this person will be managing your assets and your properties when you are no longer able to. The best executor is a person whom you trust and yet is not part of your beneficiaries. For example, a lawyer, a trusted friend, or anyone whom you trust will follow through with your will.
Next, in case of unfortunate events, you should always choose someone beforehand to decide on your behalf. In addition to that, you should also determine who you want to put in charge to handle your finances. Apart from the executor, you can assign someone else to handle your finances. It may be a different person from the person you trust with your health. In an unfortunate event where you are alive but incapacitated, this person will oversee making sure that the bills are paid. As an entrepreneur, you can assign more than one person for this job or even get a special attorney to verify all the transactions done by your trustees.
Heads-up to all parents, whether you are from an average income family or from a rich family, always name a guardian for your children. You may not have the asset, properties or valuable equities to pass on but you still need to make arrangements for your children. This is especially important if they are still young. This is because if you don’t the government will do it for you, and it may not be to your liking. Also, name your beneficiaries and update your will as needed.
What Is Estate Planning Services?
Estate planning is the preparation of tasks that serve to manage an individual’s asset base in the event of incapacitation or death.
The planning includes the bequest of assets to heirs, stating a beneficiary, naming a guardian, naming a person for their health and finances and the settlement of estate taxes.
Why Do You Need Estate Planning Services?
You may think it isn’t important to use the estate planning services, but in any case, you won’t regret using them. An estate plan protects the beneficiaries. When you hire an estate planning service, you can be ensured that all your assets and properties go to the correct individual when you passed on.
Besides that, an estate plan protects your young children. It does so by ensuring that they are well cared for by a person you trust.
Here’s another catch, did you know that an estate plan spares heirs a big tax bite? This is where if you have an estate plan you are protected from the Internal Revenue Service. The main idea is transferring assets to heirs with an eye toward creating the smallest possible tax burden for them. Even just a bit of estate planning can enable us the users to reduce much or even all their federal and state estate taxes and state inheritance taxes.
The one big thing we like to avoid is family messes. Good news! An estate plan eliminates family messes as the person to control your finances and assets has already been decided. Therefore, there is nothing to argue about.
Where Should I Find the Best Estate Planning Services?
In Hong Kong, there are many estate planning services available. It is essential to find the right one to suit your needs. Here are the top 10 best Estate Planning Services in Hong Kong.
Here Are the Top 10 Best Estate Planning Services in Hong Kong
3E Accounting Limited
| Company Name: | 3E Accounting Limited |
| Website: | https://www.3ecpa.com.hk/ |
| Email Address: | in**@3e***.hk |
| Contact #: | +852 3703 8500 |
| Address: | Tower 1, 2/F, Tern Centre, 237 Queen’s Road Central, Sheung Wan, Hong Kong |
| Operating Hours: | Monday to Friday: 9 AM–6 PM |
| Services Offered: | Accounting, Bookkeeping, Company Incorporation, Registration, Business Support, Human Resources, and a range of other corporate services. |
Phoenix Wills
| Company Name: | Phoenix Wills |
| Website: | https://www.phoenix-wills.com/ |
| Email Address: | in*****@ph***********.com |
| Address: | 2nd Floor AXA Southside 38 Wong Chuk Hang Road (entrance from, Heung Yip Rd, Wong Chuk Hang, Hong Kong |
| Operating Hours: | Monday to Friday : 9:00 AM to 5:00 PM |
Harbour Wills
| Company Name: | Harbour Wills |
| Website: | https://www.harbourwills.com/ |
| Email Address: | in**@ha**********.com |
| Address: | 1002, Cambridge House, Taikoo Place, 979 King’s Rd, Quarry Bay, Hong Kong |
| Operating Hours: | Monday to Friday : 9:00 AM to 5:00 PM |
HKWJ Tax Law & Partners Limited
| Company Name: | HKWJ Tax Law & Partners Limited |
| Website: | https://www.hkwj-taxlaw.hk/ |
| Email Address: | in**@hk*********.hk |
| Address: | 20B, Fortis Tower, 77 Gloucester Road, Wan Chai, Hong Kong, Wan Chai, Hong Kong |
| Operating Hours: | Monday to Friday : 9:00 AM to 6:00 PM |
Kao, Lee & Yip
| Company Name: | Kao, Lee & Yip |
| Website: | https://www.kly.com.hk/ |
| Email Address: | in**@kl*.hk |
| Address: | 十七樓, 置地廣場 The Landmark, 17/F, Gloucester Tower 告羅士打大廈, Queen’s Road Central, Central, Hong Kong |
| Operating Hours: | Monday to Friday : 9:00 AM to 6:00 PM |
Kevin Ng & Co., Solicitors
| Company Name: | Kevin Ng & Co., Solicitors |
| Website: | https://www.kevinngsolicitors.com/ |
| Email Address: | in**@ke***************.com |
| Address: | Hong Kong, 香港中環德輔道中135號 華懋廣場2期13樓B室 |
| Operating Hours: | “Monday to Friday : 9:15 AM to 6:00 PM |
Oldham, Li & Nie
| Company Name: | Oldham, Li & Nie |
| Website: | https://oln-law.com/ |
| Email Address: | in**@ol*****.com |
| Address: | Suite 503, St. George’s Building, 2 Ice House St, Central, Hong Kong |
| Operating Hours: | Monday to Friday : 9:30 AM to 6:00 PM |
Professional Wills Limited
| Company Name: | Professional Wills Limited |
| Website: | https://www.profwills.com/ |
| Email Address: | en*****@pr*******.com |
| Address: | 12/F, Yat Chau Building, 262 Des Voeux Rd Central, Sheung Wan, Hong Kong |
| Operating Hours: | Monday to Friday : 9:00 AM to 5:30 PM |
Tsang Chan & Wong
| Company Name: | Tsang Chan & Wong |
| Website: | http://www.tcw.com.hk/ |
| Email Address: | tc*@tc*.hk |
| Address: | Hong Kong, Admiralty, Harcourt Rd, 18號海富中心第1座8樓803B室 |
| Operating Hours: | Monday to Friday : 9:30 AM to 5:30 PM |
Hugill & Ip Solicitors
| Company Name: | Hugill & Ip Solicitors |
| Website: | https://www.hugillandip.com/ |
| Email Address: | en*******@hu*********.com |
| Address: | Lippo Centre, 2308, Two, 89 Queensway, Admiralty, Hong Kong |
| Operating Hours: | Monday to Friday : 9:30 AM to 6:00 PM |
Wong Poon Chan Law & Co.
| Company Name: | Wong Poon Chan Law & Co. |
| Website: | https://wpcl.hk/ |
| Email Address: | wp**@wp**.hk |
| Address: | 4th Floor, CMA Building, 64 Connaught Road, Central, Hong Kong |
| Operating Hours: | “Monday to Friday : 9:30 AM to 5:45 PM |
End of List on the Top 10 Best Estate Planning Services in Hong Kong
Hong Kong Brand Assistance
Need help on finding the Best Estate Planning Services in Hong Kong? Reach out to us by letting us understand your requirement and Hong Kong Brand will refer you to the right provider in Hong Kong to discuss further your needs.
