Deals & Cases[Cross-Border Inheritance] Assisting a U.S. Citizen in Identifying Inherited Assets in Korea

SOMA represented a U.S. citizen residing in the United States in identifying and securing the inherited financial assets located in South Korea of her late father, a U.S. citizen who had resided in Korea and remained recorded in the Korean family registry. The heir had renounced Korean nationality and held sole U.S. citizenship.

Without visiting Korea, the client entrusted SOMA with the entire process of locating and verifying inheritance assets in Korea, including preparation of all required documentation and compliance with Korean inheritance law and banking procedures.

Through SOMA’s representation, the heir successfully confirmed previously unknown bank deposits and life insurance policies, with a total value reaching hundreds of millions of Korean won.

Drawing on extensive experience in cross-border inheritance and probate matters, SOMA enables foreign heirs and overseas residents to complete financial asset searches in Korea efficiently – often within three weeks – without any in-person appearance or supplementary filings.

SOMA continues to advise U.S. citizens, foreign heirs, and international families on the verification, administration, and distribution of inherited assets in South Korea, offering comprehensive legal and procedural support from initial inquiry to final completion.

 CEO : Hyojung (Kelly) Shin, Yeohyun Yoon 
414, 25, Yeonmujang 5ga-gil, Seongdong-gu, Seoul, Republic of Korea(04782) 
Email : soma_official@somalaw.co.kr
Phone : 02-2138-1223
Fax : 02-2138-1226