In older posts, we have discussed legal issues surrounding inheritance of personal properties in China. When it comes to inheritance of bank deposits in China, there is another layer of problem in practice: what if the inheritor or heir doesn’t have a bank account in China?
I. Real Case Scenario
An American man died back in USA, and his parents found out that he…
This question has been raised frequently over time. A recent inquiry was from a client in UK who has a couple of real properties in China. Upon working on his estate planning, he wondered whether he should write a single will covering both his UK and China assets or write a separate will for China assets. By the way, the inquirer is British, domiciled and habitually…
In international businesses or cross-border civil affairs, English language dominates the writing of most documents. In the meantime, the party that does not speak English mother tongue will always wish to have the document in its own mother language. In most cases, the English version will be written first and then translate it into the other language.…
A client called me from Australia inquiring about her situation in inheriting a house in Shanghai, which is worth writing a post discussing the problem surrounding legatees under Chinese inheritance/succession laws.
Here are the facts of her situation: her deceased grandma left a will which bequeathed a house in downtown Shanghai on her; the Will was duly…
The number of foreigners with some kinds of properties or assets in China has been sky-rocketing every year for the reasons that (1) more and more foreigners come to China for luck of fortune, and equally (2) more and more Chinese citizens emmigrate and convert into foreigners. Naturally, foreign-related legal affairs have been…
