Jeju Law Office Assistance | "Won" a Division of Inherited Property Suit With the Assistance of an Inheritance Attorney

Upon the death of the client's parents, the client became a co-heir to the inherited property of the two.

The other co-heirs, however, did not divide the inherited property.

The client therefore requested division of the property on several occasions.

Having ultimately been unable to obtain a division of the property, the client requested the assistance of a Jeju inheritance attorney in order to bring a suit for the division of inherited property.

The Jeju law office explained the matter of 🔗division of inherited property.

Division of inherited property means dividing the inherited property into the individual property of each heir when the inherited property has become co-owned by the co-heirs.

The property may be divided through agreement, but if agreement is difficult, the property may be divided by filing for mediation and adjudication with the family court.

※ Methods of dividing inherited property

▶ Designated division: a method of dividing the property based on a method of division of the inherited property set by the testator's will.

-Division by proceeds: a method of converting the inherited property into cash and then dividing the proceeds among the heirs
-Division in kind: a method of dividing each individual item of property among the heirs in its existing condition
-Division by value: a method in which one heir purchases the shares of the others, pays their value, and becomes the sole owner

▶ Division by agreement: a method in which the co-heirs divide the inherited property by mutual agreement

▶ Division by adjudication: a method of filing with the family court where no agreement on division has been reached among the co-heirs

The Jeju law office identified the core issues of the case.

As a co-heir to the inherited property, the client is entitled to receive a share of the inheritance according to the applicable ratio.

To do so, it is first necessary to confirm the scope of the inherited property and to determine whether the distribution of the inherited property is fair.

※ If you would like to review the details, 🔗a legal consultation with an attorney can be helpful.

The client requested the co-heirs to divide the inheritance shares on several occasions.

The Jeju law office argued that the co-heirs had failed to respond without any reason.

After analyzing the inventory of inherited property, the attorney at the Jeju law office presented the statutory share of inheritance to which the client was entitled.

On this basis, the attorney argued that the client should receive property equal to the client's statutory share of inheritance.

Although the client was a co-heir, the client had not received a share of the inheritance and requested the assistance of the Jeju attorney.

With the assistance of the Jeju attorney, the client was able to receive the statutory share of inheritance.

A suit for the division of inherited property may be filed with the court when no agreement is reached among the heirs.

If you wish to receive your share of the inheritance, consulting an attorney can be helpful.

If you are in a situation such as the one above, you may request the assistance of a 🔗Jeju attorney at any time.