mairtin joyce
New Member
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My Uncle died intestate in 1981 and i found out recently that he owned 20 acres of farmland. As his only surviving relative i have claimed the inheritance which was valued at time of death as 7000 euro. i have now received the high court probate giving a current value of 47000 euro. I have no idea where these figures came from. But from cursory research the local landowners seem to current think valuation to be about 20k at best (very boggy mountain grazing at best).Do I pay tax for the valuation at death or the valuation from Probate or the valuation of what i actually sell it for.