A father died and left the only asset (agricultural land) to his son. The land is valued at €500k. The deceased left behind a significant tax liability of €400k and medical bills of €50k. The land will be sold to pay the liabilities. My question is, for CAT return purposes, does the son receive the land and claim the tax and medical bills of €450k as a deduction or does the estate sell the land, pay the liabilities and the son inherits the residual €50k?
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