SOUTH KOREA Trends and Developments
Trends and Developments Contributed by: Woong-kyu Cho Barun Law LLC
Barun Law LLC is a leading Korean law firm with more than 350 Korean and foreign-qualified lawyers, former government officials, and industry profes - sionals. Founded in 1998, the firm provides seam - less, multidisciplinary legal services through close collaboration. Its Estate Planning Center (EPC), the first dedicated estate planning centre established by a Korean law firm, offers one-stop services cov - ering wealth succession planning, trusts, taxation, and dispute resolution. Comprising approximately 50 specialists in inheritance, trusts, taxation, real es -
tate, and finance, the EPC advises high net worth in - dividuals, families and business owners on complex private wealth matters. The team has represented leading family-owned conglomerates, founders of major start-ups, and privately held companies in suc - cession planning and inheritance disputes. Through its international network, including capabilities in Sin - gapore and the United States, Barun also provides comprehensive cross-border private wealth and suc - cession planning solutions.
Author
Woong-kyu Cho is a partner specialising in estate planning, inheritance and business succession. He advises high net worth individuals, family businesses and major Korean corporations on succession planning,
Korea’s first Estate Planning Center dedicated to proactive succession planning and chairs his firm’s Estate and Trust Research Society. A recipient of the 6th Korea Legal Awards, he is a frequent lecturer, columnist and published author on inheritance, trusts and business succession, while also contributing to succession policy through industry advisory committees.
inheritance disputes and tax-efficient wealth transfers. Woong-kyu led the establishment of
Barun Law LLC 7, Teheran-ro 92-gil Gangnam-gu Seoul South Korea
Tel: +82 234 765 599 Fax: +82 2 3476 5995 Email: contact@barunlaw.com Web: barunlaw.com
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