1. Client’s Situation

The client, the representative of a mid-sized company, wanted a pre-arranged plan so that his children could divide the inherited property amicably after his death. As discussions about business succession and inheritance began among the children, there were signs of conflict among the co-heirs. The client was particularly concerned about two issues. First, there was a possibility of disputes over the value of assets whose worth changes over time, such as real estate, land, and unlisted shares, at the time of inheritance. Second, he was worried that the tax burden after inheritance or business succession could further intensify conflict among the co-heirs. To prevent these issues in advance, he requested inheritance consulting from Law Firm Jeonjae.

2. Core Tasks

There were three major tasks to address in this matter. First, we needed to accurately calculate the value of the reserved portion that the co-heirs could claim and establish an asset division strategy that took it into account. Second, we needed to identify in advance any factors likely to lead to disputes among the co-heirs, such as contribution shares, and design a negotiation structure so that the matter would not escalate into legal conflict. Third, for assets whose value changes over time, such as real estate, land, and shares, we needed to establish an ongoing management system rather than provide a one-time consultation.

3. The Firm’s Strategy

After closely examining the client’s asset structure and family relationships, CEO Attorneys Yoon Ji-sang and No Jong-eon carried out comprehensive consulting to block inheritance disputes before they arose.

First, we calculated the value of the reserved portion that the other co-heirs could claim, and based on that, we designed concrete options for asset division. While presenting division scenarios based on the current value of major assets such as real estate and shares, we also established a strategy that took into account conflict factors arising from changes in value.

For issues that could lead to disputes, such as contribution shares, we arranged a pre-agreed framework through provisions in the consultation agreement so that the matter would not expand into legal disputes after the inheritance opened.

Furthermore, to provide ongoing advice on land, real estate, and shares whose value changes over time, we entered into a corporate management advisory agreement, thereby building a system in which the inheritance plan would not remain a one-time measure but could be continuously managed in line with changing circumstances.

4. Current Status

Through the inheritance consulting, we are currently organizing the dispute factors among heirs related to gifts and testamentary bequests, and providing ongoing support so that the inheritance process can proceed smoothly when it begins. The key direction of the consulting is to minimize disputes among heirs and to ensure fair inheritance by accurately valuing real estate, land, shares, and similar assets.

Attorney in charge: CEO Attorney Yoon Ji-sang · CEO Attorney No Jong-eon

This case has been partially de-identified within a scope that does not compromise the essence of the matter in order to protect confidentiality.