We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Hong Kong Probate
Nootychoo
Posts: 6 Forumite
Bit of a long shot posting here, but I am the Executor of my ex-husband's very complicated estate and am trying to save our two sons (his beneficiaries) some money. We are still reeling from the UK IHT bill....
Short story: ex lived and recently died in Thailand, had assets in Thailand (probate already done) UK and Hong Kong. I can apply for probate in HK once I have obtained the UK Grant, by having it resealed in HK.
We have approached a couple of HK Lawyers regarding the cost of resealing the Grant, and the first question from both has been 'What is the estate worth?' ....which makes me think they are looking to charge a percentage of the estate (which is worth around £140K) and not a flat fee, for what will be, effectively, filling out a few forms
So, my question is, is it feasible to apply for the Grant in HK myself, or indeed possible without flying out there? Or should I just accept the inevitable, and negotiate on the percentage? Having just waded through the 150 or so sheets of paper for IHT in the UK, I am not frightened of forms!
Any advice gratefully received.
Short story: ex lived and recently died in Thailand, had assets in Thailand (probate already done) UK and Hong Kong. I can apply for probate in HK once I have obtained the UK Grant, by having it resealed in HK.
We have approached a couple of HK Lawyers regarding the cost of resealing the Grant, and the first question from both has been 'What is the estate worth?' ....which makes me think they are looking to charge a percentage of the estate (which is worth around £140K) and not a flat fee, for what will be, effectively, filling out a few forms
So, my question is, is it feasible to apply for the Grant in HK myself, or indeed possible without flying out there? Or should I just accept the inevitable, and negotiate on the percentage? Having just waded through the 150 or so sheets of paper for IHT in the UK, I am not frightened of forms!
Any advice gratefully received.
0
Comments
-
Have you tried to find a UK solicitor who also practices in HK? A simple resealing should not be horrendously expensive since as you rightly say it should just be a form filling job. Certainly far less than the air fare plus accomodation.Bit of a long shot posting here, but I am the Executor of my ex-husband's very complicated estate and am trying to save our two sons (his beneficiaries) some money. We are still reeling from the UK IHT bill....
Short story: ex lived and recently died in Thailand, had assets in Thailand (probate already done) UK and Hong Kong. I can apply for probate in HK once I have obtained the UK Grant, by having it resealed in HK.
We have approached a couple of HK Lawyers regarding the cost of resealing the Grant, and the first question from both has been 'What is the estate worth?' ....which makes me think they are looking to charge a percentage of the estate (which is worth around £140K) and not a flat fee, for what will be, effectively, filling out a few forms
So, my question is, is it feasible to apply for the Grant in HK myself, or indeed possible without flying out there? Or should I just accept the inevitable, and negotiate on the percentage? Having just waded through the 150 or so sheets of paper for IHT in the UK, I am not frightened of forms!
Any advice gratefully received.0 -
Thank you for your very sensible reply, I have been so mired in this whole ghastly and long-winded process that I did not even think of this, a case of not seeing the wood for the trees! A quick google after reading your response found me a UK company that specialises in obtaining overseas probate at a fixed fee. I will be calling them as soon as I receive the UK Grant. Phew!Have you tried to find a UK solicitor who also practices in HK? A simple resealing should not be horrendously expensive since as you rightly say it should just be a form filling job. Certainly far less than the air fare plus accomodation.0 -
I take it said company is a legit 1.0
-
Oh dear I hope so! It is a company called Titleresearch,they look pretty legit to me,I can't find any negative reviews, but advice to the contrary gratefully received.
I can't post a link as I am a newbie but the website is easily found by googling 'title research overseas grant'
I have my fingers firmly crossed!0 -
Have you tried to find a UK solicitor who also practices in HK?
One such outfit is Eversheds - I have had dealings with them when they took over a local family firm (not that it is a recommendation).Any language construct that forces such insanity in this case should be abandoned without regrets. –
Erik Aronesty, 2014
Treasure the moments that you have. Savour them for as long as you can for they will never come back again.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
