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Write Your Will Seminar

Write Your Will Seminar (Omotesando, Tokyo) – Sunday, April 22, 2018

Tokyo Union Church is holding a free seminar on how to write your Will on Sunday, April 22. Attorney, Ms. Ryoko Minagawa will present in English about the ins and outs of writing a Will in Japan. Even if you have a will in your home country you might need one in Japan. Many people find it unpleasant to think about writing a will, and therefore procrastinate. Everyone should have a will, but if you have family and especially kids you need one now! Most people believe they will not need a will for a long-time. However, one never knows. Make sure you take care of the ones you love! Attending the Write Your Will Seminar to cross this important task off your list!

Write Your Will Seminar (Omotesando, Tokyo) – Sunday, April 22, 2018

Write Your Will Seminar Details

Event Date: Sunday, April 22, 2018 – 14:00 – 16:00

Location: Tokyo Union Church, Tokyo Union Church,  5-7-7 Jingumae, Shibuya 150-0001 (on the main Omotesando street)

Speaker: English presentation by Attorney, Ryoko Minagawa

Cost: Free, but  a 1,000 yen donation is highly appreciated

Website: http://www.tokyounion.org/

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If you are just getting started, here are some key points you should start thinking about and discussing with your partner. 

1. Lawyer, online software or do it yourself? We say definitely a lawyer!

2. Select your beneficiaries. Who are you leaving your estate – savings, investments, and properties?

3. Choose the executor of your will.  This is a very important role and should be given to someone you trust completely. They will make sure your will is followed through, and your beneficiaries receive what you left them.  If you have a complicated and/or large family, it is usually best to assign a lawyer and bank to this role.

4. Decide if you will pay your executor. If you choose a bank or lawyer as your executor, there will be a fee involved, which is usually between 2 percent and 4 percent of your estate’s assets. If you assign a family member or friend, you should make sure it is clear how much they will be paid. Closing and estate can take a long time, so we recommend the executor be compensated by the hour or as a  % of the estate.

5. Choose a guardian for your kids. It is best to decide the guardian and discuss this role with the person(s) before writing their name into your will. If you have an international family, you can state the child will live with X person/family for the school year and X person/family or the summer. In our case, we stated the kids would live in America during the school year but then live with Japanese family members for two months every summer until age 13 (after which they could choose their summer plans).

6. Be specific about who gets what. You need to be very specific about who and what. If you are leaving someone out of your will, you might want to clearly state that they are not being left anything, or they may think you just forgot them and challenge your will in court.

7. If there’s more you want to say, attach a letter to the will. 

8. Other people need to sign the will.  These witnesses should not be named in the will.

9. Find a place for your will. Make sure someone you love and trust knows where the original copy of your will is. We keep ours in a fireproof safe.

Update, Update, Update – You should update your will at least every five years, or at major life events such as the birth of a child, a large increase in estate value, the death of someone you noted in  your will, etc.

Write Your Will Seminar (Omotesando, Tokyo) – Sunday, April 22, 2018

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