Inheritance & Gift / Estate Planning

As society ages, strategic preparation for inheritance has become a critical legal necessity. Inheritance matters typically involve complex factual landscapes and intricate family dynamics, requiring a high level of specialized expertise.

The attorneys at Law Firm SIWOO provide comprehensive solutions ranging from traditional civil disputes—such as the division of estates and claims for the legal reserve of inheritance—to sophisticated tax planning. We specialize in establishing strategies to minimize inheritance and gift taxes and representing clients during tax audits. Since tax liabilities in Korea can vary significantly based on how asset transfers are structured, developing a proactive strategy with our experts is essential for asset protection.

Practice Areas

Inheritance Disputes: Litigation regarding the division of inherited property, claims for the Legal Reserve of Inheritance (statutory forced share), and contributory portions.

Acceptance & Renunciation: Legal procedures for Qualified Acceptance (limiting liability to inherited assets) and the Renunciation of Inheritance.

Will Disputes: Litigation regarding the validity of wills and testamentary dispositions.

Tax Planning: Strategic advisory on minimizing Inheritance Tax and Gift Tax liabilities prior to asset transfer.

Tax Audits & Litigation: Defense against inheritance tax audits by the National Tax Service (NTS) and representation in related administrative tax suits.

Business Succession: Consulting on family business succession planning and the transfer of corporate control.