Planning Ahead can bring
Peace of Mind
Planning Ahead can bring Peace of Mind
There are few certainties in life, but this is one you can plan for. The Pinpoint LegacyProtect Estate Planning Service provides the comfort in knowing your affairs are in order – so you can pass on as much of your wealth as possible when the time comes.
Understanding Inheritance Tax and Inheritance Tax Thresholds
Inheritance Tax is the tax that may be levied on your Estate (in other words your property, money and possessions) when you die.
Inheritance Tax applies to the value of your Estate that exceeds the thresholds set out under the terms of the Capital Acquisitions Tax (CAT) Consolidation Act 2003. The tax is levied at 33%.
CAT Thresholds as of 2022
|Group||Relationship to the Deceased||Threshold Amount|
|B||Parent*, sibling, niece,|
|C||All other people||€16,250|
Why you should consider the Pinpoint LegacyProtect Estate Planning Service:
- Capital Acquisitions Tax (CAT) threshold levels have not been returned to former levels, meaning more and more Estates will give rise to Inheritance Tax for its beneficiaries.
- The property market has rebounded significantly, with many family homes and Buy-to-Let investment properties contributing greatly to the value of a typical Estate.
- In the absence of an effective Estate Plan, your loved ones may be forced into the sale of assets to meet a tax bill, even if the prevailing market conditions are not suitable.
How the Pinpoint LegacyProtect Estate Planning Service works:
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Make your wishes known
You can help make life easier for your family by being clear about what you want – while you still can.
Draw up or update your Will – A Will lays out your wishes and is legally binding, which helps avoid any future confusion and time delays.
A Solicitor will be able to help you with this. If you don’t have a Will, the Succession Act determines how your Estate is passed on.