Inheritance

Q&A: Informal fostering arrangements can change the tax treatment of relatives once certain conditions are observed

Q&A: Section 72 insurance policies have their uses if you can foot the cost, but they’re not appropriate for everyone

Q&A: Politicians are juggling pressure to increase tax free thresholds on inheritance with other demands for the same money to be used for those less well off

The executor incurred €106,000 legal costs in defending proceedings initiated in 2017

Q&A: Valuation dates determine the taxable value of an inheritance but the fact they are not the same in all circumstances causes confusion

Q&A: Executors have a potentially heavy workload and it is not something that everyone will be comfortable taking on

Q&A: Blended families increase the potential complications around inheritance but home transfer is irrevocable so it is important to examine all options

Q&A: Any loan agreed under Fair Deal scheme that subsidises nursing home care costs has to be repaid but there are options open to you

Q&A: Valuation dates are important in determining tax due but they can be flexible, which can make them even more confusing

Q&A: Family cannot choose simply to ignore a will, the legal process of probate or tax liabilities and put their own informal arrangements in place

On The Money: Wills are not a foretelling of doom, they are an act of common sense, inexpensive and easy to draw up as long as you observe simple rules

Q&A: Not all legacies are created equal but first you need to sort out how your mother’s funeral debt is paid

Q&A: The rules around the State widow(er)’s pension are black and white but the situation is much less certain on survivor’s pensions from employers

Q&A: Once probate is secured, wills are public documents and details are available going back 100 years