Inheritance
Chain successions tax credit
If the mother also dies within 10 years after the father's death, chain successions tax credit are recognized and the inheritance tax is reduced.As a result, an amount equivalent to a certain percentage of the tax amount imposed at the time of inheritance (primary inheritance) upon the death of the father will be deducted from […]
What is the “istributive share reducing request”?
A certain percentage of the inherited property reserved for a certain heir is called a "legally secured portion" and this is a right that cannot be deprived even by a will of the decedent.Civil Code Article 1046 [Claim for Infringement Amount of legally secured portion] stipulates that "The holder of the legally reserved part and […]
Abandonment of inheritance when a foreign parent or spouse living in Japan dies
Even if a foreigner living in Japan dies and the heir renounces inheritance or accepts a limited inheritance, in principle, the law of the foreigner's home country shall apply.However, if the foreigner lived in Japan until his/her death, or if the heir lives in Japan, it may be possible to renounce inheritance or approve limited […]
Inheritance when a foreigner dies
Article 36 of Japan's "General Rules for the Application of Laws" stipulates that "inheritance shall be governed by the law of the decedent's home country."Therefore, when a foreigner living in Japan dies, the law of the foreigner's home country (country of nationality) will be applied to the inheritance.Therefore, even if the heirs are only a […]
What is the “renunciation of inheritance”?
Renunciation of inheritance means that the heir refuses to inherit all of the inherited property including debts.In order to renounce inheritance, the heir must make a statement to the family court within three months from the date on which he/she became aware of the commencement of inheritance.Unlike renunciation of legally reserved portion, renunciation of inheritance […]
What is the “adult guardianship system”?
The adult guardianship system is a system where you can receive protection and support when you are elderly and feel uneasy about managing your own property or making contracts.The adult guardianship system includes the legal guardianship system and the voluntary guardianship system.In the case of legal guardianship, the family court appoints a guardian, so even […]
To avoid succession proceedings
After the decedent passes away, each heir will inherit the property after going through the inheritance procedures.However, in the case of an elderly couple living alone, it is difficult for the surviving spouse to carry out inheritance procedures, so some people are wondering if there is a way to simplify it.There is a “Testamentary Substitute […]
Precautions for writing a last will and testament
There are three types of "last wills and testament": "notarial last wills and testament", "secret last wills and testament", and "self-written last wills and testament".In order for the "a last will and testament" to be valid, it must be prepared in the "statement method in accordance with the provisions of the law".If it is a […]
What is a "Successor bequest"?
"Successor bequest" means that the bequest is made in two stages as follows at the will of the testator.① It will be bequeathed from the testator to the first bequest.② Due to the conditions and deadlines set by the testator, the bequest will be made from the first bequest to the second bequest.For example, a […]
Precautions when using the "self-written last will and testament storage system"
The "self-written a last will and testament storage system" is a system for storing "self-written a last will and testament" that started on July 10, 2020 at the will storage.The biggest advantage is that there is a notification system when the testator dies. There are two types of notification system in this notification system.a) Notice […]