A guardianship deed is a legal document allowing parents (or current guardians) of a minor (below 18 years of age) to appoint, in advance, family members, and friends (or any other people) to act as the legal guardians for their child in the event of their death.

A guardianship deed is a very important documents as in case of both parents pass away without a guardianship deed, the children will be swiftly placed in an orphanage by social services until a guardian is appointed by the courts.

It is possible to make the appointment of guardians by a guardianship deed which has to be signed and witnessed just like a Will. Both, a Will and a guardianship deed, are recommend to ensure that the children are taken into care by the guardians immediately and the assets are made available for the children’s upbringing and educational costs as quickly as possible.

An interim guardian is appointed to take care temporarily of a minor until the said minor is in the custody of the permanent guardian appointed by the parents. If the guardian is not in Hong Kong and there is no interim guardian appointed locally, the children would be in the custody of the Hong Kong SAR government until the guardian is able to reach Hong Kong.

We can help you fill out legal documents and understand whether guardianship is right for your family. Our team of experts helps in drafting personalized guardianship deeds and execution of such deeds as per the established procedure. To learn more about a deed of temporary or permanent guardianship, contact our expert team in Hong Kong. Our team of guardianship administrators, investment, tax, and other financial professionals collaborate with you at every step.