Jacqueline Cheng and Alfred Ip discuss the main steps in estate administration: collection of assets, payment of debts and liabilities and distribution of the estate assets to the beneficiaries. They also talk about essential considerations and recurrent complications related to different types of assets and the administration process, in Hong Kong as well as touching upon estates which include overseas components.  

SHOW NOTES: 01:37 Identifying the assets of an estate 03:18 Bank accounts 05:40 Safe deposit boxes 06:59 Real estate 11:42 Public company shares 15:02 Company ownership 18:12 MPF accounts 20:20 Salaries tax 22:40 Insurance policies 26:31 Foreign estates 28:23 Liabilities of an estate 31:39 Distribution of estate assets 37:12 Foreign estates