Sometimes a will specifies that part of the estate should be given to a religious organization or a charity. In these cases, if the inheritor meets certain conditions, the religious organization or charity may not need to pay any inheritance taxes. This rule encourages people to leave their money to charities or other worthwhile causes.
One of the requirements for a corporation to enter bankruptcy in Japan is that it be “balance sheet insolvent.” Balance sheet insolvent means that even if the corporation has assets on hand, it cannot make full payment to all of its creditors even by selling all of its remaining assets. In essence, the company’s debt outweighs its assets.
Abducting parents are free to return the abducted child voluntarily, even after the start of Hague litigation. Voluntarily returning a child to his or her home country is also often cheaper than engaging in a drawn out and difficult legal battle and may result in more favorable negotiation and cooperation between the parents in the future.