If you are interested in making a will in China, our recommendation is to turn to specialist advice. In this case, you can be guided by our Chinese lawyers who can tell you more about how to make a will in this country. We invite you to read the following lines and find out some interesting information about Chinese wills.
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How many types of wills exist in China?
Handwritten and printed wills are accepted in China. Here’s what it’s all about:
- Anyone who wants to write a will can do so without problems, as long as they sign this document and put the date it was made.
- On the other hand, printed wills can be those drawn up by a lawyer, with the signature of the testator being found on the respective document.
Regardless of the type of will in China, whether it is handwritten or printed, it is only valid if the person who prepares it (testator) is at least 18 years old, is in all mental faculties, and mentions in this document the types of assets and the way they will be distributed after death. People interested in Chinese will be advised to turn to specialized legal services, as offered by our lawyers in China.
What types of assets can be distributed through a will in China?
Making a will in China involves drawing up a document through which a person details how the wealth acquired throughout life is left as an inheritance to the family. In this case, it can be about the distribution of real estate properties, money, company shares, and other types of assets. It is important to specify that without the signature of the person making the will in China, this document is not valid.
Is a witness needed when drafting a will in China?
Making a Chinese will does not involve the presence of witnesses. Moreover, the notarization of this type of document is not required, but it is optional. On the other hand, foreign citizens who have residence in China and have a will in their country of origin should also make a Chinese will and ensure that the distribution of assets takes into account the legislation in force, including that of China. Would you like to find out more information on this case? Please talk to our attorneys in China.
Is it possible to appoint a will administrator in China?
Yes, people who make a will in China can appoint an administrator or executor in this regard. Such a person is in charge of asset distribution and how they are managed in the family, taking into account the respective person, after his death. This administrator or executor also ensures that all taxes or debts are paid, before the assets are distributed, according to the will in China.
Some statistical data about wills in China
The social context of recent years has pushed Chinese citizens to pay more attention to how wealth should be distributed after death, through a will. Here are some interesting things to consider:
- People born after the year 2000 are part of the category of those who show an increased interest in making a will in China.
- Another category of Chinese citizens who feel pressured by society and family are those born in the 80s and who prefer to leave their wealth through a will.
- Around 80% of Chinese born in the 90s own real estate properties registered in their name and which they protect through a will.
If you are interested in other legal services, apart from making a will in China, you can opt for our company. We can help you with immigration to China. On the other hand, people who already live here can apply for citizenship in China, with our help. As for those interested in divorce in China, they can choose our legal services, as well as those who want to know the formalities related to trademark registration in China. Therefore, we invite you to contact our law firm in China and learn more about personalized legal services.