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“I’ll Just Give the Condolence House to the Daughter-in-Law Instead of the Son!”… Becomes the Spark for Legal Inheritance Disputes Among Children
Summary by ddaily.co.kr
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In principle, gifts to third parties are included in the legal reserve only if made within one year prior to inheritance. Even if the property is in the daughter-in-law's name, if the actual nature is a gift to the son, long-ago assets are also included in the calculation. [Digital Daily Reporter Kim Nam-gyu] If parents transfer a commercial property to their daughter-in-law's name instead of giving it directly to their son during their lifeti…
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