Your questions answered: ‘I’m worth €1.25m – but have no wife or children. How do I avoid creating inheritance tax bills?’

What’s our tax situation if we don’t want to get married?

It makes sound financial sense to make a will

Q I’m in my early 70s, unmarried, and don’t have any children. I own 50 acres of land that I farm alone, have a nice bungalow, and am financially well off.

My closest family consists of a niece and nephew, two grandnephews, and two grandnieces. They will eventually inherit what I own.

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