You may have known that China has enacted its first ever Civil Code incorporating and codifying quite a few pieces of separate civil laws into one statute. The old China Succession Law was refreshed and replaced by the Succession chapter in the Civil Code.
In the Succession Chapter of the Code, there are quite a few significant…
We have been helping and advising a good number of clients
over the years who are the executors in wills made outside of China by
testators, in regard of the administration and distribution of estates (real
estates, corporate shares and bank deposits) located in the mainland of China.
Unfortunately in most cases, foreign executors would find themselves ending…