“How’s the COVID-19 emergency impacting Estate Planning?”

During uncertain times, it’s natural for people to start thinking about whether they have properly taken care of their affairs. People want to guarantee, should something happen to them, that their loved ones and assets will be protected. Whilst we think estate planning should always be in the forefront of people’s minds, it is especially pertinent during these unprecedented times.

Fortunately, most of us have never dealt with anything like this before – extended periods of work-from-home arrangements and long-term social distancing. Not even during the SARS pandemic in 2003, did Hong Kong experience a situation with such a mass global impact. Many people are reaching out to execute estate plans that they have put off finalizing and signing. Others are beginning to set up estate plans they should have put in place years ago. Solicitors are offering customised solutions to make sure that estate planning documents are signed and in order.

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2020/06/04