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How to Pay Less Inheritance Tax in Ireland
In this episode of the Ask About Wealth podcast, we discuss Ireland’s biggest financial taboo, planning for death and inheritance tax. Learn how forward planning can minimise tax liabilities, avoid family conflicts, and ensure your wealth passes smoothly to the next generation.
Key Takeaways:
đŸ”¹ Why open discussions about inheritance planning are essential.
đŸ”¹ Ireland’s inheritance tax thresholds
đŸ”¹ Strategies to minimise tax, including using familial allowances and special exemptions.
đŸ”¹ The role of insurance in covering inheritance tax liabilities.
đŸ”¹ Importance of legal planning, appointing unbiased executors, and itemising assets.
Ask about wealth helps Ireland’s high earners preserve and grow wealth.
https://linktr.ee/askaboutwealth
Hosted on Acast. See acast.com/privacy for more information.
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By Ask About WealthIn this episode of the Ask About Wealth podcast, we discuss Ireland’s biggest financial taboo, planning for death and inheritance tax. Learn how forward planning can minimise tax liabilities, avoid family conflicts, and ensure your wealth passes smoothly to the next generation.
Key Takeaways:
đŸ”¹ Why open discussions about inheritance planning are essential.
đŸ”¹ Ireland’s inheritance tax thresholds
đŸ”¹ Strategies to minimise tax, including using familial allowances and special exemptions.
đŸ”¹ The role of insurance in covering inheritance tax liabilities.
đŸ”¹ Importance of legal planning, appointing unbiased executors, and itemising assets.
Ask about wealth helps Ireland’s high earners preserve and grow wealth.
https://linktr.ee/askaboutwealth
Hosted on Acast. See acast.com/privacy for more information.