by Aki Kojima | Nov 16, 2024 | Inheritance, Gift, Equity Valuation
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...
by Aki Kojima | Nov 7, 2024 | Inheritance, Gift, Equity Valuation
In calculating Inheritance tax, certain liabilities can be subtracted from the assets you inherit.Assets are cash, for example. And liabilities must be paid on behalf of the person who is gone. If a person inherits JPY100 million and has JPY50 million in debt, the tax...
by Aki Kojima | Nov 2, 2024 | Inheritance, Gift, Equity Valuation
Be sure to keep receipts for funeral expenses. It will not only help you with your inheritance tax return but also provide proof to other family members when dividing the properties. It is also needed to obtain grants from the health insurance association. As proof to...
