China Law in One Minute
Fri, 16 Jul 2021 China Law in One Minute CJO Staff Contributors Team
Succession begins when a person dies or is declared dead. Where a successor does not indicate to disclaim inheritance within 60 days from the commencement of inheritance, he/she shall be deemed to have accepted the inheritance.
Thu, 15 Jul 2021 China Law in One Minute CJO Staff Contributors Team
The deceased, or decedent, has two kinds of successors(heirs): the intestate successor and the successor designated by a will.
Wed, 14 Jul 2021 China Law in One Minute CJO Staff Contributors Team
No. China has not yet imposed any inheritance tax.
Tue, 13 Jul 2021 China Law in One Minute CJO Staff Contributors Team
The decedent may appoint an executor at the time of making the will.
Mon, 12 Jul 2021 China Law in One Minute CJO Staff Contributors Team
The answer is No, except in some special circumstances.
Fri, 09 Jul 2021 China Law in One Minute CJO Staff Contributors Team
In China, there are two forms of succession, intestate succession (statutory succession) and testate succession.
Thu, 08 Jul 2021 China Law in One Minute CJO Staff Contributors Team
The answer is YES.
Wed, 07 Jul 2021 China Law in One Minute CJO Staff Contributors Team
Once the succession has commenced and the estate has been distributed, the successors will receive his or her portion of the estate.
Tue, 06 Jul 2021 China Law in One Minute CJO Staff Contributors Team
If the heir dies, it means that no one inherits the estate. In this case, the estate shall be escheated to the State for public interest purposes.
Thu, 01 Jul 2021 China Law in One Minute CJO Staff Contributors Team
Both a successor designated in a will and an intestate successor shall be entitled to relevant portion of the estate after the death of the decedent.