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Ireland · Question · written

PQ 76

162 Mr. Cregan asked the Minister for Finance the situation in relation to inheritance tax from parents of three children; the details of the exemption thresholds; if the family home in which one single working child lives with parents is valued and included in the estate; the situation if the house, for example, of €500,000 is to go to such a child and the balance of, for example, €400,000 is to be divided equally, if this would push one person over the threshold; if not, if the estate and exemption limits are tested in totality; if it is advisable to share the estate equally and allow the siblings make private arrangements to settle the house transfer; and if this is in order. [6394/04]

askedIreland· Dáil Éireann· EN

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25 February 2004

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25 February 2004

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162 Mr. Cregan asked the Minister for Finance the situation in relation to inheritance tax from parents of three children; the details of the exemption thresholds; if the family home in which one single working child lives with parents is valued and included in the estate; the situation if the house, for example, of €500,000 is to go to such a child and the balance of, for example, €400,000 is to be divided equally, if this would push one person over the threshold; if not, if the estate and exemption limits are tested in totality; if it is advisable to share the estate equally and allow the siblings make private arrangements to settle the house transfer; and if this is in order. [6394/04]

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