Inheritance tax insurance

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A Section 72 policy is an inheritance tax planning tool. It allows for an inheritance tax liability to be provided for in a highly tax efficient manner hence easing the burden of transferring wealth from one generation to the next.

Technically a Section 72 policy is a whole of life policy set up to meet the requirements of Section 72 Capital Acquisitions Tax Consolidation Act 2003. Usually the policy is set up under a Section 72 trust making the proceeds of the policy exempt from inheritance tax.

Relationship to Disponer Son/Daughter Parent*/Brother/Sister/
Relationship other than
Group A or B
Group Threshold
On or after 14/10/2015
€280,000 €30,150 €15,075

 Don’t get caught out with a massive tax liability for your family when your gone.

Email me today with queries on how to solve this tax liability. or 016339245