Capital Gains Tax, Family Home

[mccoypat94]

Apologies if this has been dealt with elsewhere. My mother and her 3 siblings recently put family home on the market following the passing of their mother.

Sale agreed, I presume they are liable for CGT on the proceeds?

 

[basilbrush]

Did the house belong to their mother, and they only inherited it on her recent death?

 

[mf1]

Information required:

Mother's date of death.
Date Probate to mother's estate issued.
Value of family home submitted to Revenue as part of Probate application.
Sale agree price/ Anticipated sale proceeds of family home when sold.
Overall value of estate including house.
Details of benefits (if any) received by beneficiaries from parents that ate up their Capital Acquisitions Tax Threshold.
Is it CGT ? or CAT? liability being queried?

mf