Protection for co-habiting couples
Many adults in Ireland are co-habiting. Are any of your clients in this group?
Most people know that inheritances passing between married couples or registered civil partners are exempt from inheritance tax. This exemption only applies for legal spouses and registered civil partners. All other co-habiting couples are treated as strangers for inheritance tax purposes.
These are existing clients with whom you have discussed family protection, mortgage protection or both. The belief was that the civil partnership legislation would fix inheritance tax and succession planning issues for unmarried couples, but it hasn’t.
Are some of your clients facing an inheritance tax bill in the event of death?
- Civil partners and co-habitants - life assurance issues
- Direct mail letter aimed at unmarried couples
- Family protection for co-habiting couples
- Inheritance Tax - does this affect you? flyer
- Maintenance payments on separation or divorce
- Mortgage protection for co-habiting couples
- Personal protection for co-habiting couples
- Protection cover for co-habiting couples - a technical guide for financial advisers
- Technical guide to estate planning