Co habiting couple

[1andonly]

What's the best way to minimize taxes when willing a house to a partner when the owner of the house + mortgage payer dies
property value €400,000.

is a rite of residence a good option ?

 

[RedOnion]

What's the best way to minimize taxes

1 word. Marriage.

 

[ClubMan]

This may be of relevance:

Inheritance rights of cohabiting couples

Cohabiting couples have no automatic right to inheritance on the death of either partner. What are your rights, and find out how you can plan and make provisions for dependants.

www.citizensinformation.ie

What exactly do you mean by a "rite (right?) of residence"?

 

[1andonly]

I did mean Right .. the dwelling house exemption may apply as it is the only property owned. That said marriage is likely the option but that is some way off

thanks for your replies

 

[Brendan Burgess]

is a rite of residence a good option ?

As Red says, the best rite is the Marriage Rites.

Brendan