{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/66a69d631ce75694ada31b25/66b4b7dcc5121ea3fcedcd54?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Navigating Inheritance Tax in Ireland","description":"<p>In this episode of Ask About Wealth, we delve deep into the intricacies of inheritance tax in Ireland. Whether you're in line to receive a substantial inheritance or planning to leave a legacy for your children, this episode is packed with essential insights that can help you minimise your tax liabilities and maximise the wealth passed on to the next generation.</p><p><br></p><p><br></p><ul><li>Understand Inheritance Tax Thresholds: Learn about the current tax-free thresholds and the 33% tax rate on amounts above €335,000.</li><li>Historical Perspective: Gain insights into how inheritance tax has evolved over the past two decades.</li><li>Practical Tax Reduction Strategies: Discover multiple legitimate ways to reduce inheritance tax liabilities, including agricultural relief, business assets relief, and the use of trust funds.</li><li>Case Studies and Real-Life Examples: Hear real-life scenarios and consultations that illustrate how these strategies can be applied effectively.</li></ul><p><br></p><p>Episode Highlights:</p><p><br></p><ol><li>Agricultural Relief Explained: Paul discusses a consultation with a client owning a €2 million farm and how to qualify for agricultural relief to significantly reduce tax.</li><li>Grandchildren's Tax-Free Threshold: Learn how leaving assets directly to grandchildren can save thousands in taxes.</li><li>Trust Funds for Young Beneficiaries: Understand how trust funds can help manage and protect assets for younger beneficiaries.</li><li>Art and Exempt Assets: Discover how certain assets like art on public display can be exempt from inheritance tax.</li><li>Succession Planning Case Study: A story about a client who restructured his will to save his children €300,000 in taxes.</li></ol><p><br></p><p>Take your first step towards smarter inheritance planning!</p><p><br></p><p>🇮🇪 Helping high earners preserve and grow wealth.</p><p>📱 Book a 1-1 consultation</p><p>📖 Read the book</p><p>✉️ Join the newsletter</p><p><a href=\"https://linktr.ee/askaboutwealth\" rel=\"noopener noreferrer\" target=\"_blank\">https://linktr.ee/askaboutwealth</a></p>","author_name":"Ask About Wealth"}