A brief summary of inheritance

A brief summary of inheritance and gift tax with indexed class thresholds is set out hereafter


Relationship to disponer
€414,799 (Class A)Child, minor child of deceased child, parents in respect of absolute inheritances only.
€41,481 (Class B)Lineal ancestor, lineal descendant, brother, sister, child of brother or sister.
20,740 (Class C)                    None of the above.


Rates of TaxInheritance


Threshold amountNilNil

The aforementioned is a brief overview of the position concerning Wills and intestacy but if you require any more detailed information or assistance please do not hesitate to contact us and we will be pleased to assist.