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Examples of Inheritance Methods Key Points for Changing Ownership by Asset Type: Bank Accounts, Stocks, Vehicles, Membership Rights, Cryptocurrency Examples of Inheritance Methods

Examples of Inheritance Methods Key Points for Changing Ownership by Asset Type: Bank Accounts, Stocks, Vehicles, Membership Rights, Cryptocurrency Examples of Inheritance Methods

by Aki Kojima | Nov 18, 2024 | Inheritance & Gift

This time, let’s take a comprehensive look at the process for changing ownership in the event of an inheritance. Savings and Deposits For savings and deposits, inheritance is completed by visiting the bank to change the account holder’s name. In this case,...
Tax Implications When a Non-Japanese Husband Buys Real Estate in His Wife’s Name in Japan

Tax Implications When a Non-Japanese Husband Buys Real Estate in His Wife’s Name in Japan

by Aki Kojima | Oct 10, 2024 | Inheritance & Gift

Basic tax rules for purchasing real estate when the husband is not a Japanese citizen Is it possible for a foreign national to purchase real estate in Japan? In Japan, foreign nationals are not legally restricted from purchasing real estate. They can acquire ownership...
Can you get Akiya -vacant houses- for free with taxes?

Can you get Akiya -vacant houses- for free with taxes?

by Aki Kojima | Jul 30, 2024 | Inheritance & Gift

Are free-price Akiya as vacant houses given away to others really free? For example, in Japan, new owners bear a gift tax when assets are transferred. This tax burden is also present when you receive land and a house for free. Please watch this video for a detailed...

Does the estate have to be divided according to the legal inheritance?

by Aki Kojima | Jan 20, 2024 | Inheritance & Gift

An estate does not have to be divided according to statutory inheritance. Statutory inheritance is the law that determines the order and rights of heirs, but the method of dividing an estate can vary depending on individual circumstances. It is also possible to create...

What must I know when inheriting a Solar Power System or storage battery?

by Aki Kojima | Jan 19, 2024 | Inheritance & Gift

Solar power systems and storage batteries are attracting attention as environmentally friendly means of supplying energy. Solar Power System generation equipment uses sunlight to generate direct current electricity and consists of solar panels and inverters. Storage...

How to deduct funeral expenses without a receipt for inheritance tax in Japan?

by Aki Kojima | Nov 16, 2024 | Inheritance & Gift

It would be best if you kept receipts for funeral services, as they will be helpful in subsequent inheritance tax filings and for proving advances to other family members.However, what if there are expenses for which you cannot get a receipt? Examples of expenses for...
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