Estate Planning & Inheritance Tax

We understand that planning for the future and ensuring the smooth transition of your assets to your loved ones is a crucial aspect of financial well-being.

Planning for the future

As one of the leading providers of estate planning and inheritance tax services in the Republic of Ireland, we are committed to helping you navigate the complexities of estate management with confidence and ease.

When crafting your will, we ensure transparency by identifying any potential Capital Acquisitions Tax (CAT) liabilities associated with your proposed bequests. This empowers you to make informed decisions and factor in these costs when finalising your will.

Furthermore, for prospective beneficiaries, we offer expert guidance on understanding and minimising CAT liabilities. Our tailored advice equips you to navigate the inheritance process with confidence.

Secure the future of your estate by taking proactive steps with Xeinadin’s comprehensive estate planning and inheritance tax services. Trust us to safeguard your legacy effectively.

Estate Planning & Inheritance Tax

How we can help:

01

Estate Planning

Our expert team specialises in creating tailored estate plans that align with your unique circumstances and goals. Whether you’re looking to protect your assets, minimise tax liabilities, or establish trusts for your beneficiaries, we offer comprehensive estate planning solutions to safeguard your legacy.

02

Inheritance Tax Advice

Inheritance tax can significantly impact the value of your estate and the wealth passed on to your heirs. With our in-depth knowledge of Irish tax laws and regulations, we provide strategic advice to help you mitigate inheritance tax liabilities and maximise the value of your estate for future generations.

03

Will Writing and Review

A well-drafted will is essential for ensuring that your wishes are carried out effectively after your passing. Our experienced team can assist you in drafting or reviewing your will to ensure clarity, validity, and compliance with legal requirements, giving you peace of mind knowing that your assets will be distributed according to your wishes.

04

Trust Establishment and Management

Trusts can be powerful tools for preserving wealth, protecting assets, and providing for your loved ones. Whether you’re considering setting up a discretionary trust, a charitable trust, or a special needs trust, our team can guide you through the process of trust establishment and provide ongoing management services to ensure proper administration and compliance.

05

Probate and Estate Administration

The probate process can be daunting, especially during times of grief and loss. Our probate specialists offer compassionate support and expert guidance to executors and administrators, helping them navigate the legal and administrative complexities of estate administration efficiently and effectively.

Contact our estate planning team

Marese Stafford

DirectorWexford

Andrew Thompson

PartnerNorthwood Dublin

Daniel O’Brien

PartnerBallsbridge

Liam Farrell

PartnerBallsbridge

Book a meeting

Book a free, no-obligation chat with our experts where we find out a bit more about your business, explain our services, and how we could work with you.

Estate planning FAQs

Estate planning is the process of arranging for the management and distribution of your assets upon your death or incapacitation. It involves creating legal documents such as wills, trusts, and powers of attorney to ensure that your wishes are carried out and your loved ones are provided for according to your intentions. Estate planning is crucial for protecting your assets, minimising tax liabilities, and avoiding disputes among beneficiaries.

Inheritance tax, also known as estate tax or death duty, is a tax imposed on the transfer of assets from a deceased person to their heirs. In Ireland, inheritance tax is levied on the value of an estate above a certain threshold, known as the Group Threshold. Depending on the value of your estate and your relationship to the beneficiaries, inheritance tax rates can vary. Proper estate planning can help minimise inheritance tax liabilities and maximise the value of your estate for your beneficiaries.

Regardless of the size of your estate, having a will is essential for ensuring that your wishes are carried out effectively after your passing. A will allows you to specify how you want your assets to be distributed, appoint guardians for minor children, and designate an executor to manage your estate. Without a will, your assets may be distributed according to intestacy laws, which may not align with your wishes.

A will and a trust are both estate planning tools, but they serve different purposes. A will is a legal document that specifies how your assets should be distributed upon your death and appoints an executor to oversee the distribution process. A trust, on the other hand, is a legal arrangement in which a trustee holds assets on behalf of beneficiaries according to the terms specified in the trust document. Trusts can be used to protect assets, minimise tax liabilities, and provide for beneficiaries in specific ways.

It’s important to review and update your estate plan regularly, especially after significant life events such as marriage, divorce, birth or adoption of children, changes in financial circumstances, or the acquisition or sale of assets. Additionally, changes in tax laws or regulations may warrant updates to your estate plan to ensure continued effectiveness and compliance with current laws.

Probate is the legal process of administering the estate of a deceased person. It involves proving the validity of the deceased person’s will (if one exists), identifying and inventorying assets, paying debts and taxes, and distributing the remaining assets to beneficiaries. The probate process can vary depending on the complexity of the estate and local laws, and it typically requires the involvement of an executor or administrator appointed by the court.

Xeinadin offers a comprehensive range of estate planning and inheritance tax services, including will writing and review, inheritance tax advice, trust establishment and management, and probate and estate administration assistance. Our experienced team of solicitors, tax advisors, and estate planners can provide personalized guidance and support to help you navigate the complexities of estate management with confidence and ease.

Why choose Xeinadin?

Expertise

Our team of tax advisors and estate planners possesses extensive knowledge and experience in estate planning and inheritance tax matters, ensuring that you receive the highest quality of service and advice.

Personalised Approach

We recognise that every individual and family has unique needs and goals. That’s why we take the time to understand your specific circumstances and tailor our solutions to meet your objectives effectively.

Transparent Fees

We believe in transparency and integrity in our pricing. Our fee structures are clear and competitive, with no hidden costs or surprises.

Client-Centric Service

At Xeinadin, client satisfaction is our top priority. We are committed to providing responsive, proactive, and attentive service at every stage of the estate planning process, ensuring that your needs are met with the highest level of professionalism and care.

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