inheritance- TAG -

Gift tax is a tax imposed on the transfer of property by gift, but special rules exist for gifts made during one's lifetime. One of the most important of these rules is the "living gift addition," which means that the gifted property is added to the estate when the donor dies. If the property donated during the donor's lifetime is added to the donor's...

Several preferential systems are in place in Japan to protect the residence and livelihood of spouses in inheritance. Spousal residency and short-term spousal residency are systems that ensure that a spouse can continue to live in a familiar home with peace of mind. In addition, there is a system of exemption from bringing back special benefits, gift tax distribution...

Statutory inheritance share refers to the approximate percentage of inherited property that the heirs would acquire under the law if the decedent did not leave a will. Under the Japanese Civil Code, legal heirs, including spouses, children, parents, and siblings, have the right to inherit property in the proportions determined...

Inheritance tax is a tax on property inherited when a parent or relative dies. Inheritance tax is an important issue for those who receive an inheritance. However, many people do not understand how the tax is actually levied, how much property is taxed, and the scope of the basic exemption...

Japan's adoption system plays an important role as a flexible and supportive mechanism for family formation. With the recent increase in divorce and remarriage rates, and the recognition of diverse lifestyles such as LGBTQ+ and never-married for life, adoption has the potential to create new families that are not bound by blood ties, and to provide inheritance protection...

Inheritance tax is a tax that arises when a family member or loved one passes away and inherits their property. However, for many people, inheritance tax is often perceived as complicated and difficult to understand. In particular, since the 2015 law was amended to significantly expand the taxable estate, many families are now directly...

A will is a document in which you write in advance how your property will be divided after your death or your wishes and instructions that you wish to convey to others. This allows you to clearly communicate your wishes and special instructions on how your estate will be distributed. By creating a will, you are giving your family and...