Chinachem 'files appeal against ruling'

Nina Wang Kung Yu-sum. Photo: Martin Chan

The Chinachem Charitable Foundation, set up by late tycoon Nina Wang Kung Yu-sum, is believed to have filed an appeal against a High Court ruling that it should hold her HK$83 billion estate in trust rather than as an absolute beneficiary under her will.

Saturday, 9 March, 2013, 5:03am

Does adding children's names to the deeds of a Hong Kong flat involve any duty or tax?

Does adding children's names to the deeds of a Hong Kong flat involve any duty or tax?

My husband and I have owned our flat here for more than 35 years. For succession planning, we would like to add the names of our two children (living and working abroad) to the title deeds of the property. Would this involve any duty or tax at any stage and, if so, would it be wise to do it in the current financial climate? We are about to start making our wills.

7 May 2015 - 12:48pm

Hong Kong government becomes heir to HK$62m worth of ownerless estates

Hong Kong government becomes heir to HK$62m worth of ownerless estates

According to an official source, the government is still seeking ways to identify the unclaimed estates, which include bank savings and items in safe-deposit boxes.

28 Jan 2013 - 10:19am 1 comment

Pets now provided for in estate planning, says veteran Elsa Pau

Elsa Pau Yuen-ling

Elsa Pau Yuen-ling said she saw a couple of cases a year in which her clients decide to include pet care in their wills.

28 Jan 2013 - 5:41am

Consider all the angles when preparing a will

My wife and I are equal owners of our company. My will provides for my share of the company to pass 50 per cent to my wife and 50 per cent to my three children. Our home is in both our names. If something happens to me or my wife what happens to the company's assets?

21 Jan 2013 - 3:49am

Ask Melanie: Writing a will

Where there's a will there's a way to ensure you pass on to the right people

How do you write a will?

A will aims to honour your final wishes. Those wishes usually cover to whom you pass your assets, who is responsible for ensuring this happens and how your remains will be dealt with.

14 Jan 2013 - 7:46am

Teenager and monks take on demon attacking ancient abbey

The Crowfield Demon By Pat Walsh Published by Chicken House ISBN 978 1 906427 63 4

23 Aug 2011 - 12:00am

Court challenge to Wang will

Writ seeks document signed in 2006 to be ruled invalid

Lawyers for a charity that was the beneficiary of a 2002 will by Nina Wang Kung Yu-sum filed a writ in the High Court yesterday asking that a later will purporting to leave her estate to fung shui master Tony Chan Chun-chuen be ruled invalid.

26 Apr 2007 - 12:00am

UK ruling may muddy estate battle

The battle for the estate of Nina Wang Kung Yu-sum could be further complicated by a recent landmark ruling of a probate case in Britain that involved an abrupt change of will.

21 Apr 2007 - 12:00am

Father-in-law unlikely to revive claim to fortune

Nina Wang Kung Yu-sum once said she wanted to leave all her personal fortune to charity. She also expressed an ambition to set up an international prize similar to the Nobel prizes.

But last night it remained a mystery how the HK$32.7 billion estate that made her Asia's richest woman and placed her 204th on the international rich list would be distributed.

5 Apr 2007 - 12:00am

Will power urged to raise $500m for charity

Campaign aims to help welfare agencies by encouraging legacy donations

Cash-strapped welfare agencies could receive up to $500 million under a legacy-for-charity plan being promoted by a will-writing company.

8 Oct 2005 - 12:00am

Heard it on the grapevine...

Following the appearance of rapper Ice-T and Naughty By Nature, it seems Dragon-i really wants to 'keep it real' with more hip hop. The next rap act to come through will be Cash Money next Wednesday and the following Saturday.

7 Sep 2005 - 12:00am

A dark and demanding read for older teenagers

Chris Lynch is a daring and challenging writer of teenage fiction and his latest novel, Freewill, is an edgy, contemporary tale that young adult readers will find fascinating and memorable.

18 Jul 2004 - 12:00am

Jiangsu to lift law on unmarried migrant couples

The Jiangsu government plans to revoke a law that makes it illegal for unmarried migrant couples to live together, in a move that has been hailed as a big step forward by human rights activists.

The provincial government has announced that it will cancel a section of a law that mandates that only married migrant couples can live together.

14 Jul 2003 - 12:00am

Drafting a will by yourself

Sunday Money today introduces a regular column answering readers' questions on legal issues and personal finance. We will seek professional opinions to answer queries. Send your queries to: Readers' Questions, Sunday Money, 1 Tong Chong Street, Quarry Bay. Or fax to: 565 1423.

6 Mar 1994 - 12:00am