Estate Planning & Creating a Will in Japan
In the BONUS EPISODE of Lawyer on Air podcast Season 1, we did a deeper dive into estate planning with the information provided by podcast guest #7 Yuka Hongo.
Estate planning is a “necessary evil” and death is a fact of life, and it is particularly important when you are not living in your home country and you hold assets overseas, such as in Japan. Without a will, it can be very difficult for the heirs of foreigners in Japan to access assets, even money from bank accounts, so creating a Japanese will is said to be advisable in order to ease the process of dealing with the Japanese procedures concerning your assets when you decease.
Since Estate Planning is such an important topic and not my area of expertise, I decided to call in an expert here in Japan to co-author an article published on Linkedin.
Sanae Sekiya of Tri-Star Legal Office has provided us with a a quick-reference checklist to get you thinking about what you will need to prepare when visiting a legal expert to set up a will or power of attorney in Japan. Thank you Sanae-san for supporting the listeners of Lawyer on Air and the readers of this article on LinkedIn.
🔗 Link to article published on Linkedin
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