• Thu
  • Aug 28, 2014
  • Updated: 9:09am


Chinachem 'files appeal against ruling'

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?

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.

25 Feb 2013 - 2:14am

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 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

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