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Will I have to sell the family farm to pay CAT?

  • 05-04-2023 12:38pm
    Registered Users Posts: 107 ✭✭

    My father passed away and left the family farm to my mother and a site for me. The site I was given is worth more than 330k so I’m maxed out on my inheritance tax relief. My mother has informed me she will leave the family farm to me but seen as I have maxed out my tax relief, will I have to sell it in order to pay the tax due or is there away around this?