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Inheritance tax is payable to the Revenue Commissioners when the value of assets inherited is higher than a certain threshold amount. With enough cover in place you can protect your loved ones from an inheritance tax bill. By setting up what is known as a Section 72 Life Insurance policy your assets can be passed on and enjoyed by your loved ones rather than being used to pay a tax bill.
If you are in doubt of which plan to opt for, book one of our free one to one consultation and we will help you make the right decision.