J died in 1983,,, let house and property to wife for lifetime with remainder to son C, but also subject to right of residence to daughter A.
MV property at date of death 1983 € 30,000.
In 2002 wife and daughter released life interest and right of residence.. at that date property valued € 140,000… CAT issues dealt with.
Son C ,,now selling property.. it is my understanding that the base cost of the property .. for CGT purposes is € 140,000 is this correct ? as at that date he has both the legal and beneficial ownership.