Our daughter’s family lives with us. Will she have to pay tax upon inheritance?

About four years ago, when my daughter married, we looked at the shocking price of housing and offered for her and her husband to move in with us.

We were able to make some minor modifications to the family home to make it suitable for her and her growing family as well as for our own needs. To our delight, this arrangement has worked quite well.

But now we are wondering what we should consider as we look towards planning our will and we would like to know if her residency in our home would prevent her having to pay tax upon inheritance. Any advice would be much appreciated.

When a person receives a gift or inheritance, they may be liable to capital acquisitions tax (CAT) at 33 per cent on the value of what they receive. A person can currently receive benefits to the value of €400,000 fro...
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