Archive for July 2023
Disclaiming Spouse and Probate Practice
This is just a short note on probate practice that I came across recently. We acted in an estate where the husband left everything to the spouse. In the event that the spouse pre-deceased then the estate went various ways to a range of children. All very normal. The surviving spouse is elderly and is…
Read MoreChallenges with the new EPA system
Little did we realise what world lay before us, when we were reading the 2015 Capacity Act and looking forward to a fresh and modernised capacity regime. Today’s blog is about some of the features of the new EPA system that practitioners are facing and how to deal with them. The reality of s. 60(4)…
Read MoreIrish CAT and inheritances from US-domiciled individuals
The normal rule for prior gifts/inheritances is that if the gift/inheritance is “taxable” in Ireland, then it aggregates as long as it is made after 5 December 1991. So it must be a “taxable” gift/inheritance. We blogged previously that for a gift or an inheritance to be taxable in Ireland, there is an important date…
Read MoreStage Payments of Outstanding CAT
Beneficiaries don’t often enjoy having to pay CAT. However, in many cases, the are funds in the estate to meet the liability. What are the options open to beneficiaries if they are not in funds? Where there are no funds available then in accordance with the re-launched CAT guide “Collection and Enforcement Guidelines” (a link…
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