We have compiled the questions most frequently asked by first-time visitors. More detailed information is available through a confidential consultation.
Q3. Why apply U.S. family office and law firm standards?
The U.S. legal and wealth management framework is widely regarded as among the most advanced, particularly in its emphasis on documentation, accountability, and professional ethics.
The American Bar Association (ABA), in particular, sets rigorous standards for client confidentiality and the management of conflicts of interest.
Taewan Kim, a U.S.-licensed attorney with over 20 years of experience practicing under these standards, applies the same principles to the service model of Heritage Partners.
Q4. How is client information secured?
Protecting client information is a core principle of our service. We apply the following standards:
Encryption-based storage for all records
Strict access controls with detailed access logs
Internal controls aligned with ABA confidentiality principles
Confidentiality obligations applied from the outset, prior to engagement
Q5. What is the service process?
Following a confidential consultation request, the process proceeds as follows:
Step 1: Diagnostic — Assessment of current asset structure and risks, with a written report
Step 2: Archive — Establishment of a structured asset inventory and ongoing record management system
Step 3: Legacy — Comprehensive wealth transfer planning in coordination with legal, tax, and accounting partners, as needed
Clients may proceed sequentially from Step 1 or begin at a stage appropriate to their circumstances. All stages are conducted on a confidential basis.
Q6. Who is this service best suited for?
This service is particularly suited for individuals with assets in both Korea and abroad, especially where asset structures are complex. Typical scenarios include:
Holding multiple Korean properties, private company equity, and overseas assets
Being the sole individual with a complete understanding of the overall asset structure
Concern that family members may be unable to locate or access assets in the event of incapacity or death
Seeking to prevent potential inheritance disputes in advance
The need for this service is determined more by the complexity of the asset structure than by the total value of assets.
Do you have any further questions?
All consultations are conducted directly with the managing attorney on a strictly confidential basis.
