Search found 4 matches

by catfoodfire
Mon Jan 01, 2024 6:06 am
Forum: Children/Family
Topic: Benefit of gifting money to kids and investing it
Replies: 7
Views: 11079

Re: Benefit of gifting money to kids and investing it

Post content does not match username :? Well, 大トロ can be catfood too :) Interesting topic, will be looking into it as part of an inheritance tax article :D Sounds interesting! Inheritance tax is indeed the big boogeyman I'm trying to avoid. That, along with instilling an understanding of the power ...
by catfoodfire
Sun Dec 31, 2023 3:11 pm
Forum: Children/Family
Topic: Benefit of gifting money to kids and investing it
Replies: 7
Views: 11079

Re: Benefit of gifting money to kids and investing it

Trying to answer my own question in case anyone else is interested. According to https://www.pmac.shigaku.go.jp/en/about/about_06/detail/about_06_01.html and https://www.monkakyosai.or.jp/en/shikumi/04.html the answer seems to be 1.3MJPY/year. Assuming that's the case, if you'd invest in a normal VO...
by catfoodfire
Sat Dec 23, 2023 9:59 am
Forum: Children/Family
Topic: Benefit of gifting money to kids and investing it
Replies: 7
Views: 11079

Re: Benefit of gifting money to kids and investing it

Thanks for the responses! I haven't heard a lot of good things about Rakuten, but if they can do it then at least it answers the question about whether it can be done or not, so thanks! For switching my dividend taxation to aggregate income, I'd do that after I retire (since I make more than 60M ann...
by catfoodfire
Tue Dec 19, 2023 10:56 pm
Forum: Children/Family
Topic: Benefit of gifting money to kids and investing it
Replies: 7
Views: 11079

Benefit of gifting money to kids and investing it

Hi folks, Long term lurker first time poster. I did search the forum before posting, so apologies if this has been covered before, but I couldn't find any conclusive answers. I'm fortunate to be in a position where I can maximize the 1.1M annual tax free gift for my two kids and I'm looking for how ...