Inheritance Tax in Ireland - Questions and Answers

This webinar was in a questions and answers format. Check out our inheritance tax info page: services.nathantrust.com/en-ie/inheritance-tax-in-… We have been working with a number of clients recently on helping them reduce their inheritance tax burden with tax planning. This seems to be an area where significant tax savings can be made. Our Head of Tax, David Bruton will be answering the questions. So, first let me introduce David and then we get into the first question. Questions answered include: 1. What is inheritance tax? What is the rate? 2. How and when do you pay the inheritance tax? 3. If a child is not mentioned in the will, do they still avail of the €335,000 tax-free allowance? 4. How are jewellery, watches and art dealt with as inheritance? How are they value? 5. Can I just ignore inheritance tax? 6. If I live in my family home with my parents, do I still need to pay inheritance tax? 7. Can you use insurance to protect against inheritance tax? 8. If you are non-dom and inherit from another country. Do you pay inheritance tax in Ireland? For more information, check out our inheritance tax info page and get in contact with us. services.nathantrust.com/en-ie/inheritance-tax-in-… To see more webinar events, you can browse our YouTube Playlist:    • Webinar Events   👉 Subscribe to our channel:    / @nathantrustirl   📧 Sign up for our monthly email newsletter: share.hsforms.com/1N18ug8AqTbSlfZCyiXJ1fg12oup 🕊️ Follow us on Twitter: twitter.com/nathan_trust 💙 Like us on Facebook: www.facebook.com/NathanTrustIRL 📷 Check us out on Instagram: www.instagram.com/nathantrustirl/ ABOUT US: Nathan Trust specializes in helping you incorporate in Ireland. Our areas of expertise range from incorporations and annual Companies Office compliance to share restructuring and corporate dissolutions. We also provide specialist advice on the rules surrounding audit exemption, voluntary and involuntary strike-off and members voluntary liquidations. Whatever the entity type – be it a limited, unlimited or guarantee company – we can provide expert advice across a wide range of ever-expanding global jurisdictions. We also have extensive knowledge in the establishment of external companies, charities, co-operatives and friendly societies. Nathan Trust was established in 1999 to meet the growing demand for specialist services and advice in the area of Irish Company Law, Company Secretarial Practice and Corporate Governance. Due to the continuous introduction of new legislation, ensuring that your business and its officers are compliant can be time-consuming and often creates an unnecessary burden on the officers of the business. Here at Nathan Trust, we can provide a cost-effective and efficient solution to reduce the administrative burden and allow you to focus on your core business activities. #tax #accountants #ireland #business #startups #newventures