Lynda Chung, a partner at Valensi Rose, will speak at the Hawaii Tax Institute’s inaugural Korea-U.S. Alliance program on November 18.
The subject of her talk will be “Differences Between Korea and the U.S. in Handling Inherited Property.”
Joining her in the discussion will be Dong Ha Kim, a partner at Lee & Ko, one of Seoul’s leading law firms.
The symposium is sponsored by the Hawaii Tax Institute Foundation and Chaminade University of Honolulu. Information about the event is available online.
Although this is the Hawaii Tax Institute’s 63rd Annual Symposium, it is the first time the Institute will host a dedicated Korea-U.S. Alliance program, reflecting the growing importance of cross-border wealth and estate planning.
As families increasingly move between Korea and the United States, often with family members holding different nationalities and residing in multiple jurisdictions, estate planning professionals must navigate the complexities of transferring wealth across generations and national borders.
For such professionals, understanding the differences between the legal systems of the two countries is essential to helping families preserve wealth, plan for succession, and administer inherited property effectively.
Lynda will share her insights on the U.S. estate planning and probate systems, including the various mechanisms for intergenerational wealth transfers.
The program aims to provide an opportunity to foster dialogue and strengthen collaboration between practitioners in Korea and the United States.
The Hawaii Tax Institute, based in Honolulu, provides a forum for attorneys, accountants, financial planners, bank and trust administrators, and others to exchange information and receive continuing education.