The more assets you have, the more legal, tax, and asset-management issues arise at the same time. From estate-tax planning and preparation for property division in divorce to business succession for your children — high-net-worth individuals with assets worth tens or hundreds of billions of won need an expert team to manage all of these issues in an integrated way.

The law firm Jonjae has partnered with Halim Tax Firm to launch a family office and has started a service that handles asset preservation, business succession, inheritance and gift planning, preparation for property division in divorce, and tax audit response all in one team, in a one-stop manner. Based on a report by Korea Economic TV, this summarizes the family office's specific services from the client's perspective.

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