misstealeaf
Registered User
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My dad died and left a will. The family home was left to my mam with all other benefits left to me. The other benefits consisted of savings, insurance policies and a death gratuity.
Is it possible for me to disclaim my interest in the death gratuity? My thinking is it would fall back into the estate and become payable to my Mam. I want her to have it. If i take it and subsequently gift it to her there would be gift tax issues whereas if she takes it directly from the estate it would be tax free to her as my dads spouse.
Can you please advise?
Thanks in advance.
Is it possible for me to disclaim my interest in the death gratuity? My thinking is it would fall back into the estate and become payable to my Mam. I want her to have it. If i take it and subsequently gift it to her there would be gift tax issues whereas if she takes it directly from the estate it would be tax free to her as my dads spouse.
Can you please advise?
Thanks in advance.