Archive for July 2022

Married couples, Revenue Clearance and deceased cases

Dealing with a married couple in the new regime of Revenue Clearance for income tax matters of a deceased spouse is slightly different from the normal treatment. In the case of a single person who dies you simply look at them in isolation and proceed as normal. This is not the case for married couples.…

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Joint Assets and Revenue Clearance

The Revenue Clearance procedure is very much focused on the role and liability of the executor. However, what if it is the case that the entire estate is held jointly? What happens then? Two scenarios arise. The first depends on if there is a will and the second is where the person dies intestate. If…

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Conflicting Irish and Foreign Wills

Judge Butler in a recent case has ruled that a revocation clause in a UK will revokes an Irish will. The case is a timely reminder of some of the basics that apply to will drafting practice which sometimes may be overlooked. Facts In Estate of Turnham-Jones v Tracy Ann Kench-Andrews and Peter Roy [2022]…

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Income Tax Rules for Estates – Foreign Elements

When looking at the income tax position of a deceased one must look not only at historic Irish income tax but also all worldwide income tax. If a deceased is Irish tax resident and Irish domiciled, then, their worldwide tax income is subject to Irish tax. But is it the same in all cases? What…

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