No it didn’t. Thanks.Did the relevant grandparent will pre-date your late mother's death?
If not I suspect the answer to your question is no, but I am not a lawyer.
Thank youOK, here is the relevant section
CAT groups and group thresholds
This page explains thresholds, rates and aggregation rules for calculating Capital Acquisitions Taxwww.revenue.ie
Group A
The Group A threshold applies where you, the beneficiary, on the date of the gift or inheritance are:
a minor child, under 18 years of age, of a deceased child of:
- the disponer
So
Beneficiary is grandchild
is a child of a deceased child of the granny.
So you meet that criterion.
Anyone 17 or under gets Group A
Brendan
CAT predominantly affects people whose parents die young.
The issue is not so much with the deceased but with their survivors.Don’t younger people tend to have less wealth to bequeath?
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