Inheritance·Business Succession
We protect families' rightful claims and ensure that precious assets are seamlessly transferred to their intended recipients.
Inheritance is a critical matter where a momentary decision can alter the trajectory of assets accumulated over decades. As complex family emotions and property issues intertwine, the proactive intervention of a legal expert who accurately understands statutory deadlines and procedures is essential.
At MAST, the entire inheritance process is systematically managed by family law specialists certified by the Korean Bar Association. From preventing the transfer of inherited debts through renunciation and qualified acceptance, to forcibly recovering the legally guaranteed minimum elective share when assets are concentrated with a specific sibling, and preemptively defending the assets of parents with declining cognitive abilities via the adult guardianship system—we present the optimal solution tailored to the nature of the dispute, flawlessly protecting our clients' rightful claims.
Furthermore, going beyond mere dispute resolution, MAST provides proactive inheritance planning and business succession advisory to prevent conflicts before they arise. Through the utilization of wills, living trusts for efficient asset management, lifetime share transfers, and family agreements, we preemptively eliminate potential sources of dispute and establish a solid legal foundation to ensure that the business remains unshaken in the next generation.
Key Services
Estate Division·Contribution Disputes
We mediate asset conflicts among co-heirs and legalistically substantiate rightful shares for those who have specially supported the deceased or contributed to maintaining the estate.
- + Mediation of estate division agreements and filing claims for estate division adjudication
- + Claims for the adjudication of contribution shares
- + Resolving disputes related to lifetime inter vivos gifts and special benefits
Forced Share·Wills
We recover the legally guaranteed minimum rights when assets are disproportionately concentrated with specific heirs, and rigorously verify the legality and validity of wills.
- + Lawsuits claiming the return of the legally guaranteed elective share (forced share)
- + Legal advisory on will drafting, notarization procedures, and review of testamentary validity
- + Lawsuits confirming the nullity of wills due to loss of cognitive ability or other factors
- + Lawsuits claiming the recovery of inheritance
Debt Defense·Asset Management
We establish proactive legal defense lines to prevent the inheritance of parental debt and ensure that the assets of family members with declining cognitive abilities are not leaked externally.
- + Applications for the renunciation of inheritance and qualified acceptance
- + Applications for the adult guardianship system to prevent the misappropriation of assets from parents with declining cognitive abilities (e.g., dementia)
- + Applications for the appointment of an inheritance administrator for asset preservation when heirs are unclear or absent
- + Blocking arbitrary disposal through provisional injunctions prohibiting disposal or provisional attachments on real estate, deposits, and stocks immediately upon the commencement of inheritance
Business Succession Planning·Advisory
We design comprehensive succession strategies encompassing law and taxation for the stable perpetuity of the family business and conflict-free generational transitions.
- + Formulating phased management control transfer strategies through lifetime share transfers and gifting
- + Dispute prevention through family shareholder agreements and management control covenants
- + Designing stable asset transfer structures utilizing testamentary living trusts and family trusts
- + Legal structural advisory to minimize inheritance and gift tax burdens (in collaboration with tax accountants and CPAs)
- + Responding to minority shareholder rights disputes and management control conflicts arising during the succession process