Search Results for 'Inheritance'

More than four in five older people in Ireland believe that tax on inheritance is too high – while three-quarters feel it is unfair to expect them to make lifestyle compromises to improve any inheritance they leave.

My husband passed away recently. He made a will prior to his death and he left the farm to our son. The farm was in his name, but we farmed it together all our married life. Our home was also in his name and he left me with just a life interest in my home and after my death it will also pass to our son. I am very disappointed, and I feel ill-treated. I had assumed that he would leave all to me and I could then pass all to our son on my death. I am still quite young, and I am worried about having enough money to support myself going forward. My relationship with my son can be strained at times. Is there anything I can do?

My partner and I have lived together for the past two years. I own the house where we live. My partner recently told me that he made a will and he is leaving his entire estate to me. He is not particularly wealthy but I understand he has a large life insurance policy. I don’t want to sound ungrateful but if my partner passed away would I be left with a very large inheritance tax bill?

It has been a most demanding and disappointing start to the SSE Airtricity League First Division for Galway United, who make the short journey to Lissywollen tomorrow evening for a clash against Athlone Town, kick off 7.45pm.

Is your savings plan generating little or no return? Consider converting it to a life assurance savings plan and have the option of saving 33% in gift tax in the future.

Despite record levels of wealth and an ageing population, people in Ireland aren’t properly planning for how they will pass on their wealth after they die.

On May 25 there will be a Referendum on the Eighth Amendment, or Article 40.3.3 of the Constitution. You will be asked whether or not to delete that Article and replace it with a new Article. The proposed wording of the new Article is as follows: Provision may be made by law for the regulation of termination of pregnancy.

When it comes to important decisions, eight in 10 of us trust out gut, but very few care to look after it.

Do you know what the best bed size is for you?

The issue of inheritance and gift tax (CAT) is becoming more important to many people because of the reduction in the amount an individual can receive tax free. When an individual decides to transfer his/her assets to another person, either by gift or on their death, assets over a certain value will attract CAT. The current rate of tax is 25 per cent, there is speculation that it will increase in the upcoming budget. It is important that individuals plan the transfer of assets in a tax efficient manner, as many people may be forced to sell assets they have been gifted or left on an individual's death in an attempt to pay the CAT liability.