Protection - Inheritance Tax Plan

Inheritance Tax Cover pays out a lump sum on death to pay the tax liability in the event of inheritance. The sum assured is based on the client’s expected value of assets which will be passed via inheritance, with considerations made for current exemption levels and allowances. Any lump sum paid out from a life policy normally becomes part of the deceased’s estate, however, Inheritance Tax Cover is specifically designated through Revenue so as not to further increase the value of the estate and in turn not increase the tax liability.

I have dealt with David for many years as a bank customer & was delighted to be able to avail of his services again at Kinsella Financial. David has always provided a professional & thorough service leaving me with peace of mind of my finances.

Suzanne O'Rourke. Branch Manager of Laois Social Welfare.
January 2017