Estate planning in Ireland often comes with one major concern: the potential inheritance tax bill your loved ones may face.
With property values rising and tax-free thresholds remaining relatively low, many families are surprised by how quickly a liability can arise.
A Section 72 life insurance policy is one of the most effective ways to protect your beneficiaries from this burden.
A Section 72 policy is a Revenue-approved life insurance plan designed specifically to cover Capital Acquisitions Tax (CAT). Unlike ordinary life insurance, the payout from a Section 72 policy is tax-free when used to pay inheritance tax. This means your family can settle the tax bill without selling your home, land, savings, or other valuable assets. It ensures that what you’ve worked for stays within the family, rather than being broken up to pay Revenue.
This type of cover brings clarity and certainty to estate planning. Instead of leaving loved ones scrambling to find funds during an already emotional time, you provide them with a dedicated, guaranteed sum.
In short, a Section 72 policy isn’t just a financial product — it’s a smart, compassionate strategy that safeguards your family’s inheritance and gives them peace of mind when they need it most.
Let our dedicated team work with you to create a personalized plan that will safeguard your financial future. Book a FREE Financial Review Today!
