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Trust as a device for property management and succession in aging society

  • DONG-A LAW REVIEW
  • 2012, (55), pp.201-225
  • Publisher : The Institute for Legal Studies Dong-A University
  • Research Area : Social Science > Law

Kim, Pan-gi 1

1충북대학교

Accredited

ABSTRACT

The aging phenomenon in Korea than other countries is serious. And in various fields efforts to prepare for the coming aging society are progressing steadily. When we become the aging society, no longer a moral or ethical concept of filial piety alone will be difficult for solving problems of the aged. Thus, we will be necessary to prepare to live without the help of a child. In addition, anyone who lives in society to be established private ownership want to determine the relationship. This need by being prepared with the traditional doctrine of succession has been developed. However, we will be able to decide freely the management and succession of property by the trust. In addition to conventional methods about the management and succession of this property. In our country, there are not active discussions about trust as a means of the management and succession of the property. Because we established and were operating focused on commercial trust. But trust will be make use of various purposes because of various features of trust. In an aging society, especially trust is more useful than civil law in the aspect to manage and succeed to own property.

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