Can you explain what a "nominal deposit" refers to in the context of this service?

A nominal deposit is a savings account where the person named on the account is different from the actual owner of the funds.

What kind of information is required in Step 1 of the Nominal Deposit Check Tool's input process?

Step 1 requires information about the decedent, including their approximate age, the approximate number of savings accounts they held, and if they previously opened accounts in family members' names.

When checking a specific account in Step 2, what details about the account holder and the account itself are needed?

Step 2 requires the account holder's name and their relationship to the decedent, the account opening date, the source of funds, who primarily makes deposits, who manages the passbook and cash card, and the owner of the registered seal.

What aspects related to gift records are considered in Step 3 of the Nominal Deposit Check Tool?

Step 3 examines whether a gift tax return has been filed in the past, if a gift agreement has been created, and if management is conducted with an awareness of annual gift exemptions.

AI News NQ Analysis

"Inheritance AI" Launches Nominal Deposit Check Tool — AI Assesses the Risk of Family-Named Deposits Being Classified as Inheritance Assets in 3 Stages

NQ Score 56/100

Key facts

"Inheritance AI" Launches Nominal Deposit Check Tool — AI Assesses the Risk of Family-Named Deposits Being Classified as Inheritance Assets in 3 Stages
Mycat Inc. has launched a "Nominal Deposit Check Tool" for its AI inheritance tax simulation service, "Inheritance AI." The new tool uses AI to assess the risk, in three stages, of whether deposits held in a family member's name should be considered part of an inheritance.
Date: Mon Mar 30 2026 05:11:13 GMT+0900 (Japan Standard Time)

Direct answer

Mycat Inc. has launched a "Nominal Deposit Check Tool" for its AI inheritance tax simulation service, "Inheritance AI." The new tool uses AI to assess the risk, in three stages, of whether deposits held in a family member's name should be considered part of an inheritance.

Citation: "Inheritance AI" Launches Nominal Deposit Check Tool — AI Assesses the Risk of Family-Named Deposits Being Classified as Inheritance Assets in 3 Stages (Mon Mar 30 2026 05:11:13 GMT+0900 (Japan Standard Time)), PR TIMES
Source: PR TIMES
Date: Mon Mar 30 2026 05:11:13 GMT+0900 (Japan Standard Time)

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Frequently Asked Questions

Q: What is the primary function of the "Nominal Deposit Check Tool" launched by Mycat Inc.?: A: The tool assesses the risk of family-named deposits being classified as inherited assets in three stages using AI.
Q: Can you explain what a "nominal deposit" refers to in the context of this service?: A: A nominal deposit is a savings account where the person named on the account is different from the actual owner of the funds.
Q: What kind of information is required in Step 1 of the Nominal Deposit Check Tool's input process?: A: Step 1 requires information about the decedent, including their approximate age, the approximate number of savings accounts they held, and if they previously opened accounts in family members' names.
Q: When checking a specific account in Step 2, what details about the account holder and the account itself are needed?: A: Step 2 requires the account holder's name and their relationship to the decedent, the account opening date, the source of funds, who primarily makes deposits, who manages the passbook and cash card, and the owner of the registered seal.
Q: What aspects related to gift records are considered in Step 3 of the Nominal Deposit Check Tool?: A: Step 3 examines whether a gift tax return has been filed in the past, if a gift agreement has been created, and if management is conducted with an awareness of annual gift exemptions.