D
dangerdeb
Guest
First time posting!! Hopefully someone will be able to shed some light on this matter for me!
My father inherited a house from his friend in 2005. However (due to a numerous reasons) he didnt file for grant of probate until July of this year. In filling out the CAT form we were advised by Revenue the the valuation date is the date of grant. However our solicitor has used the date of death in calculating the tax.
Can the valuation date be used instead of the date of death given the number of years in between and if so, what will this mean in terms of the probate?
My father inherited a house from his friend in 2005. However (due to a numerous reasons) he didnt file for grant of probate until July of this year. In filling out the CAT form we were advised by Revenue the the valuation date is the date of grant. However our solicitor has used the date of death in calculating the tax.
Can the valuation date be used instead of the date of death given the number of years in between and if so, what will this mean in terms of the probate?