Inheritance matters involve many complicated issues.
It can be difficult to determine how best to divide an inheritance between heirs in light of the relations between each heir and the decedent.
There are also a number of complicated procedures involved such as document filings, amending the account holder for accounts and filing inheritance tax returns.
You should seek advice from a professional, and at Verybest, we are fully equipped to help you in navigating the complex issues relating to inheritance.
Our experienced lawyers help clients in such matters as preparing agreements for division of inherited property, handling negotiations if there is a dispute between heirs, acting as a representative for clients in court, registering the transfer of property inherited, and processing the transfer of bank accounts and processing insurance claims.
In addition, Verybest provides tax planning advice to minimize or eliminate inheritance tax payment obligations.
Verybest is able to offer comprehensive, one-stop solutions for clients in inheritance matters through the collaboration of our experienced professionals.
Furthermore, we have particular expertise in international inheritance matters. When a foreign national dies in Japan, or part of an inheritance is located overseas, consideration must be paid to foreign laws and tax regulations.
As with international divorce matters it is necessary to determine the competent court of jurisdiction (which country’s court to use) and the governing law (which country’s laws will apply).
Additionally, for international inheritance issues, a determination must be made as to which standards will be used to appraise property in order for it to be distributed.
Verybest has various qualified foreign lawyers who are well-versed in foreign jurisdiction legal systems, and in collaboration with lawyers abroad, we are able to handle various international inheritance issues, and provide clients with legal and tax solutions.
In cases where the decedent is not a Japanese national, the laws of Japan generally provide that the inheritance shall be governed by the "national law" of the decedent. At Verybest, we have attorneys qualified in a number of foreign jurisdictions, including China and several US states, enabling us to assist clients with those laws.
Due to complexities in cross-border inheritance issues, in certain cases, the laws of Japan or other foreign jurisdictions may be applicable. Where the laws of other foreign jurisdictions are involved, we can work with outside foreign counsel to assist in your inheritance.