Did you know?

by | May 1, 2014

Capital Gains Tax

There is no CGT payable on the sale of a deceased person’s principal place of residence at the time of death – if it is sold within 2 years of death.

Challenging a Will

Proceedings to challenge the Will must be commenced by filing a summons in either the District or Supreme Courts within 12 months from the date of death.  Only certain “eligible persons” are entitled to challenge a Will.

Copies of Wills

Any person (including a solicitor) who holds a Will or a copy of a Will or former Will of a deceased person MUST allow certain defined persons to inspect or be given copies of those documents. If you would like information about an issue like this please contact us.

 

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