‘You shouldn’t impoverish yourself because you think you need to leave money for your kids’
Better with Money with Aideen Finnegan
Better with Money with Aideen Finnegan
Confusion arises around a ‘tax free’ threshold that can also include amounts on which tax has actually been paid
Both parties need to be very clear on the precise terms of the transaction which can have tax implications
Can we give our daughter more tax-free now, or is she stuck at the old limit?
Readers confused on dwelling house relief, small gift exemption and whether they can see their sister’s will
Will the beneficiary and the person with right of residence both face a tax bill?
Revenue rules are fairly tight on financial support for independent adult children once it exceeds €3,000 in any one year
A conversation around cash can actually prove a life saver if an unexpected illness or care requirement demands crucial interventions
Loans within families can offer better value to the borrower than going to the banks but make sure you follow the rules
Gifts from the bank of mum and dad are pushing up property prices and widening the social divide
Rules on gifts and inheritances are different North and South of the Border, as is the tax regime on non-resident property
Gift and inheritance tax is self-assessed but choosing to ignore rent-free accommodation could come back to bite you
Strict rules on what does and does not count as normal family expenditure under Revenue rules
Q&A: How you frame the money you are handing over to your child can lower their exposure to tax
Q&A: Grandfather’s gift shortly before he died lay hidden away in an attic for decades but what are the tax implications of selling it?
Q&A: Transfer of vacant apartment is likely to be a lot more complex and costly than you are hoping for
Crosswords & puzzles to keep you challenged and entertained
Inquests into the nightclub fire that led to the deaths of 48 people
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices