Inheritance – Eolas Money

Category: Inheritance

Helping you on Life's Financial Journey

Mortgage Protection and Inheritance Tax for Cohabiting Couples

06/07/2020

According to the 2016 census, there are over 152,000 cohabiting couples living in Ireland¹. As you know, even though a cohabiting couple live together, may own a property together and possibly have children together, in the eyes of Revenue they are treated as ‘strangers’ when it comes to inheritance tax. With a current inheritance tax…
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Inheritance Tax

11/06/2020

€466 Million of Inheritance tax was paid to the Revenue Commissioners in 2019 by just over 15,000 people with the average payment amounting to €31,000! Having open conversations with your children and expressing your wishes and goals will also ensure that your family are all on the same page, which can help reduce potential conflicts…
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