{"id":10122,"date":"2025-06-22T07:40:43","date_gmt":"2025-06-21T23:40:43","guid":{"rendered":"http:\/\/doolounge.com\/legacy-ready\/"},"modified":"2025-06-22T13:17:04","modified_gmt":"2025-06-22T05:17:04","slug":"legacy-ready","status":"publish","type":"post","link":"https:\/\/doolounge.com\/en\/legacy-ready\/","title":{"rendered":"Have you ever heard of the term &quot;reserved tax source&quot;?"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The term &quot;tax reserve&quot; means &quot;a sum of money reserved in advance to pay estate taxes.&quot;<br \/><br \/>According to the announcement of the Ministry of Finance, in accordance with Article 12-1, Paragraph 1 of the Estate and Gift Tax Act, the current &quot;tax-free amount&quot; for estate tax is NT$13.33 million.<br \/><br \/>If you don\u2019t have a professional financial planner to help you adjust your plans and maximize your existing assets, and you find out before the end of your life that your existing assets are less than \u201cNT$13.33 million,\u201d then you don\u2019t need to read any further. After all, people who don\u2019t have much money really don\u2019t need to worry about these things!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"576\" height=\"1024\" src=\"http:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-576x1024.jpg\" alt=\"\" class=\"wp-image-10121\" srcset=\"https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-576x1024.jpg 576w, https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-169x300.jpg 169w, https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-768x1365.jpg 768w, https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-864x1536.jpg 864w, https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-7x12.jpg 7w, https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974.jpg 1125w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Taiwan, where housing prices are skyrocketing, if you happen to own a property or a large piece of land, plus your existing savings, stocks, investments, insurance, etc., it will basically exceed the tax-free amount.<br><br>But if you don\u2019t have offspring, and don\u2019t have the kind of beloved relatives or friends you can\u2019t let go of, and you\u2019ve always lived a carefree, free and easy life, then there\u2019s no need to read on.<br><br>It\u2019s not often in the news that, faced with huge tax bills, the next generation of someone chooses to abandon the inheritance.<br><br>The main reason for this is definitely that the previous generation did not make good plans to &quot;reserve tax sources&quot; during their lifetime, so that their next generation cannot pay the huge amount of taxes and can only sigh at the huge inheritance.<br><br>Under current laws and regulations in Taiwan, one must first pay inheritance tax before inheriting an estate.<br><br>That is to say, before you get the large sum of property left to you by your relatives and friends, you need to pay a sum of money out of your own pocket to the country so that you can own that inheritance.<br><br>Many people must be wondering: &quot;Why can&#039;t I just get the money and then pay taxes?&quot;<br><br>According to the Estate and Gift Tax Act, if an estate is to be transferred, renamed, or disposed of, a &quot;tax payment certificate&quot; or tax exemption certificate from the IRS must be obtained first.<br><br>The real main reason is to ensure that the national treasury can smoothly obtain the inheritance tax it deserves!<br><br>If the heirs are allowed to obtain the estate first and taxes are collected later, it may happen that &quot;property is transferred or consumed&quot;, resulting in the state being unable to collect taxes.<br><br>Inheritance tax is considered as &quot;the consideration for the acquisition of inheritance&quot;, so the law stipulates that ownership is acquired only after it is paid.<br><br>Of course, many people say that you can quickly borrow money to pay. If it is just a small amount of money, it is easy to handle; but if you are facing a huge tax amount, how do you think you can borrow money?<br><br>The current tax brackets for estates are:<br><br>1. 10% below 50 million<br><br>2. 50 million to 100 million yuan 15%<br>Progressive difference 2.5 million<br><br>3. More than 101 million yuan 20%<br>Cumulative difference: 7.5 million<br><br>Have you noticed that there is an additional &quot;progressive difference&quot;? What is this money?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"9rqTyiQDqj\"><a href=\"https:\/\/doolounge.com\/en\/gift-tax\/\">Gift tax: How to save tax reasonably?<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"Gift tax How to save tax reasonably? \u2014 Chen Fa. Miscellaneous knowledge\" src=\"http:\/\/doolounge.com\/gift-tax\/embed\/#?secret=tVB2dYqzjr#?secret=9rqTyiQDqj\" data-secret=\"9rqTyiQDqj\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In order to implement social wealth fairness, the inheritance tax rate will vary according to the net amount of the estate. The more the net amount of the estate, the more inheritance tax the heirs will have to pay. This is also called the &quot;progressive difference.&quot;<br><br>In order to avoid putting the next generation in a difficult position because they cannot afford the huge inheritance tax, we have no choice but to give up the inheritance, the money you have worked hard and saved all your life.<br><br>Therefore, we need to first &quot;reserve tax sources&quot; and set aside this amount to pay to the country.<br><br>In the past, everyone would slowly reduce their assets by making gifts year after year through the annual gift tax exemption of &quot;NT$2.44 million&quot;.<br><br>If you have a lot of existing funds, starting from billions, how long will it take you to avoid paying inheritance tax?<br><br>If you have real estate among your huge assets, how will you make a tax-free gift of &quot;$2.44 million&quot;?<br><br>If most of your assets come from investments, then as a qualified investor, I believe everyone knows that &quot;making money out of money&quot; will create more money. Has your &quot;yearly gifts&quot; already dispersed your funds and made you earn less each time you invest?<br><br>Simply trying to reduce one&#039;s own tax payments is only the first level approach; a better way to deal with it is definitely to directly increase the amount of &quot;reserved tax source&quot;. It would be best if the tax to be paid does not have to come out of my own pocket, let alone let the next generation worry about it.<br><br>I believe that if you have an excellent financial planning consultant to help you make risk management adjustments to your assets, it will definitely be a more legal and accurate inheritance than relying on hearsay without experience.<br><br>After all, those underworld legends who use unconventional methods to evade taxes, if caught, will not only have to pay taxes, but may also be fined.<br><br>Life can never be repeated. In order to accurately pass on your existing assets to the next generation, have you reserved tax sources?<\/p>","protected":false},"excerpt":{"rendered":"<p>If the estate exceeds the tax-free amount, the tax must be paid before inheritance, otherwise the transfer cannot be made.<\/p>\n<p>Many people are forced to abandon their inheritance or raise money from all over because they have no &quot;reserved tax source&quot;.<\/p>\n<p>Only by planning ahead and increasing reserved tax sources in a legal manner can you pass on your hard-earned wealth to future generations and avoid your family facing the pressure of huge inheritance taxes.<\/p>","protected":false},"author":2,"featured_media":10121,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"activitypub_content_warning":"","activitypub_content_visibility":"","activitypub_max_image_attachments":4,"activitypub_interaction_policy_quote":"anyone","activitypub_status":"federated","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false,"beyondwords_generate_audio":"","beyondwords_project_id":"","beyondwords_content_id":"","beyondwords_player_style":"","beyondwords_language_id":"","beyondwords_title_voice_id":"","beyondwords_body_voice_id":"","beyondwords_summary_voice_id":"","beyondwords_error_message":"","beyondwords_disabled":"","beyondwords_delete_content":"","beyondwords_podcast_id":"","beyondwords_hash":"","publish_post_to_speechkit":"","speechkit_hash":"","speechkit_generate_audio":"","speechkit_project_id":"","speechkit_podcast_id":"","speechkit_error_message":"","speechkit_disabled":"","speechkit_access_key":"","speechkit_error":"","speechkit_info":"","speechkit_response":"","speechkit_retries":"","speechkit_updated_at":"","_speechkit_link":"","_speechkit_text":""},"categories":[860,770,1263,70,817],"tags":[1073,861,847,849,881,819,784,1278],"class_list":["post-10122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insurance","category-estate","category-secret","category-savemoney","category-money","tag-1073","tag-861","tag-847","tag-849","tag-881","tag-819","tag-784","tag-1278"],"blocksy_meta":[],"featured_image_urls":{"full":["https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974.jpg",1125,2000,false],"thumbnail":["https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-150x150.jpg",150,150,true],"medium":["https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-169x300.jpg",169,300,true],"medium_large":["https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-768x1365.jpg",768,1365,true],"large":["https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-576x1024.jpg",576,1024,true],"1536x1536":["https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-864x1536.jpg",864,1536,true],"2048x2048":["https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974.jpg",1125,2000,false],"trp-custom-language-flag":["https:\/\/doolounge.com\/wp-content\/uploads\/2025\/06\/fb_img_17505491778618210729950937597974-7x12.jpg",7,12,true]},"post_excerpt_stackable":"<p>\u907a\u7522\u82e5\u8d85\u904e\u514d\u7a05\u984d\uff0c\u7e7c\u627f\u524d\u9808\u5148\u5b8c\u7a05\uff0c\u5426\u5247\u7121\u6cd5\u904e\u6236\u3002<\/p>\n<p>\u8a31\u591a\u4eba\u56e0\u6c92\u6709\u300c\u9810\u7559\u7a05\u6e90\u300d\uff0c\u88ab\u8feb\u62cb\u68c4\u7e7c\u627f\u6216\u56db\u8655\u7c4c\u9322\u3002<\/p>\n<p>\u63d0\u65e9\u898f\u5283\u3001\u4ee5\u5408\u6cd5\u65b9\u5f0f\u653e\u5927\u9810\u7559\u7a05\u6e90\uff0c\u624d\u80fd\u8b93\u8f9b\u82e6\u7d2f\u7a4d\u7684\u8ca1\u5bcc\uff0c\u9806\u5229\u50b3\u627f\u7d66\u5f8c\u4ee3\uff0c\u907f\u514d\u8b93\u5bb6\u4eba\u9762\u5c0d\u9f90\u5927\u907a\u7522\u7a05\u7684\u58d3\u529b\u3002<\/p>\n","category_list":"<a href=\"https:\/\/doolounge.com\/en\/category\/insurance\/\" rel=\"category tag\">\u4fdd\u96aa<\/a>, <a href=\"https:\/\/doolounge.com\/en\/category\/estate\/\" rel=\"category tag\">\u623f\u5730\u7522<\/a>, <a href=\"https:\/\/doolounge.com\/en\/category\/secret\/\" rel=\"category tag\">\u6709\u9322\u4eba\u7684\u79d8\u5bc6<\/a>, <a href=\"https:\/\/doolounge.com\/en\/category\/geek\/savemoney\/\" rel=\"category tag\">\u7701\u9322\u5927\u4f5c\u6230<\/a>, <a href=\"https:\/\/doolounge.com\/en\/category\/money\/\" rel=\"category tag\">\u8ca1\u7d93<\/a>","author_info":{"name":"\u9673\u6cd5","url":"https:\/\/doolounge.com\/en\/author\/doolounge\/"},"comments_num":"0 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