What is Inheritance Planning
If after death, the beneficiaries of your estate receive sums in excess of the Thresholds for Capital Acquisitions Tax (CAT) purposes, Inheritance Tax will be payable.
The sense of loss of a loved one can have a severe impact on families and while financial planning can’t lessen the loss, it can reduce the tax bills associated with inheritance.
The inheritance value determines the amount of tax owed, and depending on your relationship with the deceased and the amount involved, the tax bill can be substantial.
Let us give you a helping hand to lessen the financial burden.