Parents need to make sure that their own finances are in tip-top shape before they start gifting funds to a child.

Funding a down payment for a home is a perennial problem and with deposit rates on the floor, some parents see the small-gift exemption as an ideal m(...)

The term ‘agricultural property’ is fairly wide and includes actual land, farm buildings and farm houses, machinery and stock, alongside things like milk quotas and single farm payment entitlements

A lot of small family farms are rented out and the owner is working another job full time. In this case, the owners (my parents) are now in their 60s,(...)

'I have been the recipient of the €3,000 gift from my both of my grandparents for several years now.' Photograph: iStock

I have been the recipient of the €3,000 gift from my both of my grandparents for several years now. Two years ago, I also received a sum of €32,000 fr(...)

If your son can avail of the dwelling home exemption, no inheritance tax applies as the property is not even considered against his tax-free limit. Photograph: Yui Mok/PA

I have a son in his 30s on invalidity payment as a result of a diagnosed mental illness. Will that payment be affected if he receives an inheritance o(...)

If my mother gives us the family home as a gift, are we liable to pay any type of tax? Photograph: iStock

My mother is a widow. She has offered us the family home to renovate. I have a young family and would love to move out of the city. My husband and I(...)

‘My father-in-law has offered to sell an investment property to my wife and I for €300k.  He paid €200k a number of years ago.’ Photograph: iStock

My father-in-law has offered to sell an investment property to my wife and I for €300k. The current market value for this house is approximately €350k(...)

It is disconcerting that three different qualified legal specialists have given you three different answers. Photograph: iStock

I have a question that I’ve asked three different solicitors and got three different answers. My aunt, who has never married and has no children, is l(...)

Any gift of a share in the property would count towards the lifetime limit of tax-free gifts and inheritances.

I have a query regarding a jointly-owned property with my sister. We bought it in 2008 for €390,000, and are joint tenants. My sister has pretty muc(...)

With a properly constructed will a son or daughter can avail of the dwelling house exemption on the family home while also inheriting a share of a  holiday home. Photograph: Nick Bradshaw

I am married with four children. Three sons are married and the fourth child, a daughter, lives at home. She has never owned a home. My wife and I are(...)

In this case, your mother effectively handed over ownership of the property to you with what is called a right of residence. Photograph: iStock

My mother transferred our family home to me, her son, in 1995 with one proviso – that she retained a right to live there until her death. The house wa(...)

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