Heirs need to precisely identify the assets left behind in Korea by the deceased to understand any potential inheritance issues.

By reviewing the search results,
heirs can decide whether to accept or renounce the inheritance and determine the appropriate steps to ensure a fair and accurate settlement process.

★ Common Issues Uncovered Through Inheritance Asset Searches and How to Address Them

• ㆍDebts Exceed Assets → Limited Acceptance or Renunciation of Inheritance
• ㆍComplex Asset Structure → Identify the full estate and proceed with transfer steps based on asset types
• ㆍTransferring Assets Overseas → Assess the estate, handle tax matters, process transfers, liquidate assets, and apply for remittance
• ㆍFewer Assets Than Expected → Review lifetime gifts or wills and consider potential inheritance litigation

Overseas citizens or permanent residents who wish to search for inherited assets in Korea must prepare documents proving their status as heirs, along with documents related to the deceased.

This process often requires preparing applications in both their country of residence and Korea, obtaining notarizations and certifications, and navigating complex procedures. As a result, it can involve significant time and cost.

★ When You Apply for an “Inheritance Asset Search for Overseas Residents” with The Smart Inheritance:

• → You can receive the results of your inheritance asset search without traveling to Korea.
• → You will receive professional guidance from attorneys specializing in inheritance and inheritance tax, enabling you to quickly proceed with the necessary steps for accurate asset settlement.
• → You can complete the entire inheritance process and transfer assets overseas—all without visiting Korea.