TIP & PARTNERS is one of Cambodia’s most trusted independent law firms. The firm provides a comprehensive range of legal services to serve the differing needs of corporates, financial institutions and individuals.
TIP & PARTNERS practices in all areas of matrimonial and Family Law, handling divorce, child custody, paternity and both domestic and international adoption, guardianship, and support matters.
The Civil Code provides the legal framework for estate planning. Cambodia’s inheritance law divides inheritable property into two categories: marital and personal property. Understanding this can be complicated, hence it may necessitate the advice of a legal counsel.
Key laws relevant to estate planning in Cambodia include those mentioned in the Civil Code, such as the inheritance law. This law categorizes property into two types: marital and personal. Marital property is anything acquired after marriage and it is equally distributed between the spouses. Personal property is what each spouse owned before the marriage or gained afterward by inheritance or gift. There’s also a statutory order of heirs that determines property distribution in the absence of a will. It is important to note that there can be limitations on the testamentary freedom of individuals in order to protect the legitimate shares of heirs.
We can assist in drafting wills to avoid future disputes, managing taxes related to inheritance, partition of property, and dealing with international inheritance issues if you have assets abroad or are a foreign national with assets in Cambodia. Our team of professionals can provide you clarity, advice and can ensure that your final wishes are adhered to.
