Wealth – Realttorney®

From Expired to Revived: SEC Rules on Reviving Corporations

Learn how to revive expired corporations in the Philippines under SEC MC No. 23. This is a step-by-step guide, list of documentary requirements, and legal effects of the revival explained.

Leveraging the One Person Corporation: A Game-Changer for Estate Planning in the Philippines?

The article discusses the One Person Corporation (OPC) in the Philippines, highlighting its benefits such as limited liability protection, simplified management, and estate planning advantages for real estate consolidation. It also addresses potential drawbacks like access to capital and personal liability risks, while emphasizing the importance of strategic succession planning and professional guidance.

From Forebears to Heirs: Bequeathing Property in the Philippines

This article serves as a guide for Filipino-Americans and other expatriates regarding inheritance, estate taxes, and property transfers in the Philippines. It outlines the legal processes for transferring estates with or without wills, highlights the need for estate tax payments, and emphasizes the importance of planning and seeking legal advice to avoid disputes.

Guide to Owning Property in the Philippines as a NRF or Dual Citizen

The article discusses property ownership in the Philippines for Filipinos living abroad, including dual citizens and non-resident Filipinos. It outlines their rights, legal considerations, tax obligations, and the importance of proper title registration. It emphasizes the need for legal guidance to navigate the intricacies of real estate transactions.

Step-by-Step Guide to Selling Real Estate Owned by a “Dead” Corporation

“We should all be obliged to appear before a board every 5 years and justify our existence… on the pain of liquidation.” – George Bernard Shaw, Irish Playwright and Political Activist (Part 2 of 4) By Realttorney® In Part 1 of this series, we discussed how corporations in the Philippines may be dissolved and howContinueContinue reading “Step-by-Step Guide to Selling Real Estate Owned by a “Dead” Corporation”