Archive for May 2022
Grazing agreements and business relief
Last week we looked at the issue of grazing agreements and the different types of grazing agreements that you can have in practice. While grazing agreements are relatively rare in practice and generally only arise where you have an agricultural client base, their interaction with business relief is a good illustration of how business relief…
Read MoreGrazing agreements
Just a short note for those who practice in agricultural law. One may often come across grazing agreements. There a range of these agreements, and this is just a quick refresher on some of the terms Grazing agreement. As the name suggests this is a term given to broadly to any type of arrangement where…
Read MoreForeign Cases and the use of Limited applications
Where a deceased died outside of Ireland we consider these to be foreign cases. These tend to cause concern for some practitioners as regards the correct approach. I attach a link below to the probate office page on foreign elements as it is a helpful starting point in navigating foreign cases. If one is administering…
Read MoreNew System for 30-day clearance for non-resident beneficiaries
Revenue has recently updated its procedures and with obtaining clearance when dealing with Non-resident beneficiaries. Essentially where a solicitor is acting in an estate where there are non-resident beneficiaries, then, the solicitor together with any Irish-based personal representative will, together with the foreign beneficiaries, be liable for the CAT of the foreign beneficiaries. If the…
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