"I'm not going to die yet."

I have witnessed firsthand the suffering families endure when dealing with inheritance issues and estate settlement.

 

That's right, the average life expectancy in Japan is 81 years for men and 87 years for women.
But they probably also think that they'll have to do something about the instruments they own "someday."

Among the instruments you currently own, some were purchased out of admiration, others because you genuinely liked their sound or beauty, and some brought you the joy of completing a series or the satisfaction of owning the "best" model.

And as you get older, you'll eventually find yourself counting down the number of years you have left.
It's strange, but even so, for meThere is still timeI believe, or hope, that...

 

 

By the way, have you ever considered the possibility that your instrument has feelings?
The instrument itself must be grateful to have found an owner who cherishes it and treats it with care.
But I'm not prepared for the possibility that my husband might be gone in a few years or even decades.
These childrenWhat will happen?mosquito.

The mortality rate for men aged 55 is 4%, and for men aged 65 it is 10% (according to the Life Insurance Culture Center).
And the sudden death rate accounts for 10-20% of the total death rate.
I know people my age who have passed away, but often by the time "that time" comes, it's too late.

 

 

You've probably had plenty of regrets in your life, so I don't want you to regret your hobby of playing a musical instrument as well.
I can completely understand the feeling of wanting to fully enjoy one's own hobbies and then wishing for the happiness of one's wife, children, beloved grandchildren, and pets.

That's why, in a sense, entrusting an instrument to a family member who doesn't fully understand your feelings isI find it annoying.There will be people like that.
Imagine, for example, what if you left behind a large collection of historically valuable Haniwa (clay figures) of various sizes?Probably. (Sorry to those who like Haniwa figures.)

I don't like the phrase "disposing of musical instruments." Now that your era has clearly been etched into the history of the instrument, who would you like to pass it on to next? Would you like to dispose of that instrument on Yahoo Auctions or Mercari?

 

 

Many buyback businesses that don't have physical stores have no other way to sell their goods than through online auctions.

"The higher the purchase price, the better."
I definitely agree.
Furthermore, the following five conditions are essential.
① It is a specialty store that focuses exclusively on musical instruments.
② Having sufficient knowledge and understanding the value of the instrument.
③ They have a reliably high level of maintenance and repair skills.
④ Having a physical store and being unable to escape
⑤ The person in charge must be publicly available and contactable at any time.
Very few musical instrument stores possess all of these features.

About youThink seriouslyIf you can picture the face of the person who will be giving you the information, please ask them when you visit the store.
"Are you prepared to pass on my life partner, along with my feelings and aspirations, to the next generation?"

 

 


Those of you who have read this far probably possess a considerable amount of wealth.
Assets include cash, real estate, stocks, and other securities, but what about musical instruments?
Generally speaking, no tax official understands the value of a musical instrument. So what can be done?
That will require an expert to examine it.

Just because you don't know its value doesn't mean it's okay. In fact, at our store...Request for appraisalThey are coming.
In that case, the heirs will face the nightmare of unexpectedly having to file inheritance tax returns.

 

 

Generally, if the total assets are within the basic exemption amount (30 million yen + 6 million yen x number of legal heirs), no inheritance tax will be levied.
However, for those with substantial assets, the legal heirs will be responsible for paying inheritance tax, and the amount of tax can be substantial depending on the value of the property and recent stock prices. Often, this leads to selling the home to generate cash. Moreover, if the tax authorities find out that musical instruments are left behind, you should assume that they will not be able to avoid investigation.

While heirs are already struggling with how to handle real estate, especially their home, and securities like stocks, they certainly don't want to see a future where their father's passion for music and musical instruments tarnishes its history.

Also, even a littleCognitive anxietyThose who have a will should be careful, as few people know that even a will can be denied, and only experts know how to deal with such situations.

 

 

So, are there any people who have made lifetime gifts?
With the rules for gift tax changing in 2024, making the annual gift tax system less convenient, some people may be considering the inheritance tax settlement system.

So, would the transfer of ownership of a musical instrument, which is part of an asset, be considered a gift?
Is it okay to say, "When I die, sell the instruments and get cash"?
The final decision rests with the tax officer in charge.If you have any concernsThey will naturally want to do something about it beforehand.

While we encourage you to consult with a tax accountant or other professional regarding detailed inheritance and gift tax matters, our store is happy to provide advice to our customers, as well as support in informing family members about the handling of musical instruments and offering effective countermeasures.

 

 

I'm not going to die yet.
Yes, that's right. So now, surrounded by instruments and burning with passion,TCGAKKIPlease tell Matsui about that commitment you mentioned. For us, our customers' happiness is defined as their entire musical life, including their family and loved ones.
None of our staff members are blinded by short-term profits and only pursue transaction volume.

Since not all of our staff members possess the same level of knowledge and expertise, we tell our younger staff members the following during in-house training:
"Our approach is to treat each customer as if they were our own father, giving them special and attentive service."

 

Because we can meet in person and talk face-to-face.

You can convey your concerns with genuine sincerity.
I can make proposals that are serious about the future.

Because I genuinely want to understand you.

I will conduct the interview seriously.

For consultations, please visit the store on the first floor or the bottom right corner.inquiryPlease start from here.

"I have something I'd like to discuss with Mr. Matsui!" is fine.♪

 

Author of this article:Matsui (TCGAKKI Store Manager)

After serving as store manager of Kyōritsu Musical Instruments Shinjuku storeTCGAKKIJoined the company. As store manager, I worked in the vintage guitar floor and electric guitars.BassHe has held various positions across genres, including amplifiers and parts. He is a leading electric guitar salesperson in the industry, highly trusted by famous musicians. His favorite musician is B'z. His hobbies include horse racing and golf.

Qualifications and experience: With 20 years of experience as a musical instrument appraiser, I have contributed articles and supervision to publications such as Guitar Magazine.

▶︎Click here for the article I wrote
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