A Section 72 policy is a whole-of-life insurance plan structured specifically to pay an inheritance tax bill on your death. The proceeds are exempt from CAT when used for that purpose, ensuring that your beneficiaries receive the assets you intend them to receive — not a reduced inheritance after Revenue has taken 33% of everything above the threshold. For families with significant property or other assets that cannot easily be liquidated, a Section 72 policy can be the most practical and cost-effective way to ensure that a tax liability does not force an unwanted sale. PPFS will assess your estate’s CAT exposure and advise on the appropriate level and structure of Section 72 cover.
“Would your family have the liquidity to pay your estate’s inheritance tax bill — or would they need to sell?”
