"Inheritance AI" Launches Name-Holding Deposit Check Tool ── AI Judges Risk of Family Member's Deposits Being Subject to Inheritance Tax in 3 Stages

Mycat Inc. (Headquarters: Meguro Ward, Tokyo) has newly launched a "name-holding deposit check tool" on its AI inheritance tax simulation service "Souzoku AI" (https://souzoku-ai.xyz). This tool uses AI to determine if deposits in family members' names are subject to inheritance tax.

Tool URL: https://souzoku-ai.xyz/tools/meigi-check

What is the Name-Holding Deposit Check Tool?

A name-holding deposit is a deposit where the account holder's name differs from the beneficial owner. For example, in a case where a grandfather creates an account in his grandson's name and deposits money monthly, even if the name is the grandson's, the beneficial owner may be judged to be the grandfather. In this case, it must be declared as inheritance property upon the grandfather's death.

This tool is a web tool that allows users to pre-check the risk of such name-holding deposits before an inheritance occurs.

Input Items and Judgment Flow

Step 1: Information of the Deceased (Person leaving assets)

• Age (approximate is acceptable)
• Approximate number of deposit accounts held
• Have you ever opened an account in a family member's name in the past?

Step 2: Information of the Account to be Checked (Input one account at a time, up to 10 accounts)

• Account Holder (Relationship to Deceased: Spouse/Child/Grandchild/Other)
• Account Opening Date (approximate is acceptable)
• Account Source of Funds (Whose money was initially deposited?)
• Depositor (Who primarily deposits funds: Account Holder/Deceased/Other)
• Passbook/Cash Card Manager (Account Holder/Deceased/Other)
• Seal Owner (Account Holder's Seal/Deceased's Seal/Shared/Unknown)
• Does the account holder recognize the existence of the account?

Step 3: Gift Records

• Have you ever filed a gift tax return?
• Have you ever created a gift contract?
• Are you managing with the annual gift tax exemption (¥1.1 million) in mind?

Output Content of Judgment Results

Based on the input, the following judgment results will be displayed for each account.

1. Name-Holding Deposit Risk Judgment (High, Medium, Low - 3 stages)

Comprehensively evaluates answers to check items to display the risk of the account being judged as a name-holding deposit in three stages.

• High Risk: For example, if the source of funds is the deceased, the deceased managed the account, and the account holder is unaware of its existence.
• Medium Risk: For example, if the source of funds is the deceased but the account holder manages it, or if there is no gift contract.
• Low Risk: For example, if the account holder's own income was deposited, and the account holder manages and recognizes it.

2. Detailed Analysis of Risk Factors

Displays which answers influenced the risk judgment, item by item. It clarifies specific improvement points, such as "Passbook managed by the deceased -> Factor likely to be judged as a name-holding deposit."

3. Proposal for Measures to Avoid Being Judged as a Name-Holding Deposit

For accounts with medium to high risk, proposes measures that can be taken to avoid being judged as a name-holding deposit.

• Creating a gift contract
• Handing over the passbook/cash card to the account holder
• Starting account management by the account holder
• Filing gift tax returns (if exceeding ¥1.1 million annually)

4. Summary for Consultation with an Expert

Summarizes the check results into a single page, outputting in a format that can be directly submitted when consulting with a tax accountant.

Background on Why Name-Holding Deposits Become a Problem

According to inheritance tax investigation records published by the National Tax Agency, the average amount pointed out per case for undeclared income in tax investigations was ¥35.3 million (Source: National Tax Agency, Inheritance Tax Survey...