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Hi Alan, We have a widower who has a house (his PPR) worth €600K. He has 6 adult children with circumstances as follows. 1. Two are married and have their own houses. They have 4 grandchildren between them. 2. Three of the adult children are living at home with their father. 3. The 6th adult child has a house of their own but intends selling same and moving back into the €600K dwelling with dad and the three siblings. So eventually 4 children will be living in the house with their dad. How best to structure so as to minimise/eliminate CAT liability for 4 adult children? Assume the 2 married children do not form part of this transaction and get say Cash in Bank. If the house was left by will to the four children who will be living at home, could they each claim Dwelling House Relief? If the house was willed to the youngest adult to claim Dwelling House Exemption and he/she predeceased the remaining 3 living at home, this would cause a CAT liability? If the house was left/gifted to the grandchildren with a right of residence for the 4 adult children for their life-times? I would appreciate your comments please. Thanking You Padraig Agnew

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Posted by (Questions: 71, Answers: 17)
Asked on 22 March 2019 11:28 am
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Dear Alan,

You might please revert to me on the above query as soon as possible.

Thanking You

Padraig Agnew

( at 9 April 2019 1:59 pm)
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If the house was left by will to the four children who will be living at home, could they each claim Dwelling House Relief? Yes

If the house was willed to the youngest adult to claim Dwelling House Exemption and he/she predeceased the remaining 3 living at home, this would cause a CAT liability? yes

If the house was left/gifted to the grandchildren with a right of residence for the 4 adult children for their life-times? This would give rise to CAT for the grandchildren.

Would really need to know the entire estate of the father and the assets/liabilities of the children to give proper assistance.

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Posted by (Questions: 5, Answers: 5012)
Answered on 3 May 2019 5:19 pm