Grandchild

You can leave your money to whoever you wish.

Depending on the amount the tax implications can be significant as there is a far higher threshold for children vs grandchildren
 
Yes you can. You are under no obligation to leave anything to a child. But said child might take a S117 objection if they feel you failed in your duty to look after them.

You are incorrect to say 'their' inheritence. It is your money to do with what you wish. The exception to this is a spouse.
 
The beneficiary will possibly have a significant tax bill in the scenario you suggest depending of course on the amount of inheritance
 
Not sure if its possible but if property is part of the estate could you leave to the grandchild with a lifetime use clause for your own child / children.
 
Yes you can but the tax free threshold to a grandchild is substantially lower than form a parent to child. Your grandchild would be charged 33% CAT on any amount over €32,500
 
I wonder if it would be possible to nominate a grandchild somewhat like a favourite nephew/niece that farmers can do?
 
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