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[Korean Law Insights] Korea's One-Stop Inheritance Service
[Published on July 7, 2026 edition of the "Korean Law Insights" column in the Korea Daily’s Economic Expert Section] Korea moves to introduce an integrated payout service for inherited financial assets under the "Safe Inheritance" program Easily overlooked issues such as taxes need to be reviewed separately One of the first difficulties Koreans residing in the United States face when handling inheritance matters in Korea is that they simply do not know where the assets are or
K-Law Consulting_Administration
Jul 8
[Korean Law Insights] Overseas Korean Services Are Becoming More Convenient
[Published on June 10, 2026 edition of the "Korean Law Insights" column in the Korea Daily’s Economic Expert Section] Improved Identity Verification and Driver's License Renewal Services for Overseas Koreans Military Service Obligations Tighten as Short-Term Travel Permit Period Cut Short One of the most common difficulties faced by Koreans living in the United States when handling matters related to Korea is identity verification. In particular, without a Korean mobile phone
K-Law Consulting_Administration
Jun 15
[Korean Law Insights] Renunciation of Korean Nationality for U.S.-Born Children
[Published on May 13, 2026 edition of the "Korean Law Insights" column in the Korea Daily’s Economic Expert Section] Considerations: date of birth, parents’ nationality at birth, and gender Exceptions are very limited...advance verification is essential It is easy to assume that a child born in the United States is only a U.S. citizen. However, under Korean law, the child may simultaneously be a national of the Republic of Korea. If at least one parent was a Korean national a
K-Law Consulting_Administration
May 13
[Korean Law Insights] Civil Code Amendment That Changed the Standard of Inheritance
[Published on April 14, 2026 edition of the "Korean Law Insights" column in the Korea Daily’s Economic Expert Section] From the Return of Property Itself to Monetary Valuation and Settlement The Contributive Portion Regarding Special Benefits and the Practical Timing of Application Are Also Important Under inheritance law, the reserved portion is a system designed to guarantee a minimum share to certain heirs. However, in the past, the principle was to return the property its
K-Law Consulting_Administration
Apr 15
[Korean Law Insights] Introduction of the Crime of Legal Distortion in Korea
[Published on March 18, 2026 edition of the "Korean Law Insights" column in the Korea Daily’s Economic Expert Section] Controversy Over Overlap with Abuse of Authority… Strengthening Judicial Account-ability Concerns Over Constitutionality Remain, Calling for Cautious Future Application A recent amendment to the Korean Criminal Act introducing the so called crime of legal distortion has passed the National Assembly and received approval from the State Council. Specifically, t
K-Law Consulting_Administration
Mar 19
[Korean Law Insights] Introduction of Attorney–Client Privilege in Korea
[Published on March 3, 2026 edition of the "Korean Law Insights" column in the Korea Daily’s Economic Expert Section] Passed by the National Assembly; scheduled to take effect one year after promulgation Effective management and implementation will be key to ensuring its role as a safeguard of the rule of law On January 29th, the Korean National Assembly passed an amendment to the Attorney-at-Law Act that formally codifies attorney–client privilege. While Korean attorneys hav
K-Law Consulting_Administration
Mar 3

