Daeryun Law Firm will hold the ‘Korea-US Integrated Asset Succession Seminar’ on the 16th of next month.

Daeryun Law Firm announced that it will hold a 'Korea-US Integrated Asset Succession Strategy Seminar for Global Asset Owners' on the 16th of next month.

This seminar is aimed at ‘cross-border asset owners’ who are considering not only domestic asset succession but also asset succession between Korea and the US due to their children studying abroad, immigration, or obtaining permanent residency, or who are planning to enter the US market.

Attorney Daeryun Oh Sang-wook, accountant Park Soo-jin, tax accountant Lee Joo-hee, and American attorney Son Dong-hu are scheduled to appear as presenters. First, Sangwook Oh, a lawyer in the tax group with experience working at the National Tax Service and a tax group, introduces the latest case law on asset succession. Next, Lee Joo-hee, a tax accountant who has performed numerous tax due diligence and transaction structure consultations for tax and accounting firms, will give a presentation on the Korean inheritance and gift tax structure and the impact of foreign factors.

In addition, accountant Park Soo-jin, who worked at Samil Accounting Corporation and LG Chem Europe GmbH, shares practical cases of inheritance and gift tax strategy consulting. Lastly, Dong-Hoo Son, an American lawyer who successfully assisted major Korean companies in entering the United States, will conduct a study on laws and cases related to asset succession in New York State. After the presentation, there will be time to explore practical response plans through Q&A with attendees.

In order to prepare customized seminars that are of practical help to participants, Daeryun is receiving advance questionnaires on asset structure and succession concerns at the application stage. We provide more specific diagnosis and practical consulting by identifying each participant's asset structure in advance.

Daeryun Kim Kook-il, CEO of Management, emphasized, "The moment a child acquires permanent residency in the United States or owns overseas assets, the succession strategy based on Korean standards may be neutralized or face an unexpected tax bomb. This seminar will be the first step in checking whether my asset structure is currently safe and drawing an integrated succession map that encompasses both Korea and the United States."

Applications for participation can be made through Daeryun Law Firm’s official website and will be accepted on a first-come, first-served basis.

Eunhye Lee (zhses3@joseilbo.com)

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