You certainly can do quite a few things. You probably know by now that there is no federal estate tax at all in the United States, if deaths occur in 2010. Next year it may come back like a tidal wave —or not — depending on what Congress does. What should you do to cope ...
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Tags: Business Succession Planning, Estate Planning, Estate Tax, Family Business, Family Law, Family Trusts, Guardianship, ILIT, Inheritance, Inheritance Tax, International, Japan, QDOT, Succession Planning, Trusts, Wills and Living Trusts
Osaka leads Japan in another embarrassing statistic. It is checking its records, which it found list 5,125 residents which are indicated to be age 120 or older. One man would be 152 if still alive. See the Bloomberg article.
Cities and towns throughout Japan are all reviewing their files after the revelation of a ...
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Tags: Business Succession Planning, Estate Planning, Family Business, Family Law, Family Trusts, Guardianship, Inheritance, Japan, Japan Economy, Medical Care, Pensions, Power of Attorney, Special Needs, Trusts, Wills and Living Trusts
I suppose that the answer largely depends on your reaction to the government’s making decisions for you. Perhaps it is a societal matter. In Japan, people often seem to expect guidance from authority figures. They may also assume that “forced inheritance” rules, which allow close family members to insist on fixed shares, mean that there ...
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Tags: Estate Planning, Family Law, Family Trusts, Guardianship, Inheritance, Japan, Medical Care, Power of Attorney, Special Needs, Trusts, Wills and Living Trusts
Japan’s first case under the revised Organ Transplant Law took place this month with organs from a man, left brain-dead in a traffic accident in Kanto-Koshinetsu, whose family gave sole consent without prior written approval from the man. Before the new law, transplants required a written instruction from the donor. After some debate, it appears ...
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Japan will sign the Hague Convention on the Civil Aspects of International Child Abduction in 2011, thus finally joining the many developed countries that prevent a parent in a failed international marriage from taking children across borders in violation of an existing child custody order.
This is in direct response to “gaiatsu” or foreign pressure ...
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And that does not include those whose deaths have been confirmed or all the “missing” who are under the age of 100. It suggests that the koseki or family register system in Japan, used for various government records purposes including payment of pensions, is hopelessly disorganized. See the latest Daily Yomiuri report here
Indeed, one ...
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The mummified corpse of a man, allegedly 111 years old, was found recently in Tokyo. Family members claim that he locked himself in a room 30 years ago and never came out. Police suspect that relatives were receiving his pension illegally during that time. See news report here
Then another centenarian, one registered as the ...
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Twelve pediatric hospitals, 40 percent of those designated by Japan’s Ministry of Health. Labor and Welfare to provide organs from donors under age 15, are unable to decide when brain death occurs or to handle bodies to preserve organs properly. See news report here The revised Organ Transplant Law went into effect on July ...
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Japan has the seventh highest incidence of reported parental abductions from the United States (currently 23 cases involving 34 children.) Typically, such cases involve a wife who wrongfully takes children to Japan in violation of a custody ruling. Since Japan is not a signatory to the 1980 Hague Convention on the Civil Aspects of International ...
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In view of increasing dual-nationality marriages and the high statistics ...
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