CHALLENGING TIMES – We are here to help.

At McMahon & Williams we, like everyone else, are getting used to living through this Pandemic.  Things are a little different in our office now, with the introduction of social distancing measures.   We are glad to say that we are continuing to meet our clients, but by appointment only.  With the new guidelines in relation to the wearing of masks, we are asking all of our clients and visitors to the office to please wear a mask, this is to protect you and our staff.    We are doing our utmost to ensure that our clients and staff feel safe and protected.

Since the pandemic started, we have noted an increase in clients wishing to make a Will or also, which can be more important, updating their Wills.  We have also noted an increase in clients making Enduring Powers of Attorney.   An Enduring Power of Attorney allows a person to make arrangements for how their affairs will be managed should they become mentally incapacitated, as a result of illness or an accident.    The person making the Enduring Power of Attorney (EPA) can nominate either one or two people, whom they trust, to make decisions on their behalf in relation to their day to day living and assets.      Having an EPA completed gives a person peace of mind that should they not be in a position to deal with their affairs in the future they know that they have trusted individuals who will do so on their behalf.

Further information in relation to Enduring Powers of Attorney can be found here Enduring Powers of Attorney or if you have any queries or for the making of a Will please do not hesitate to contact us on 065 9051009 or info@mcmahonwilliams.ie.

Inheritance Tax

A practical question following the recent rise in Capital Acquisitions Tax (inheritance tax) thresholds.

https://www.irishtimes.com/business/personal-finance/can-my-parents-give-me-more-cash-now-tax-free-thresholds-have-risen-1.4342339?fbclid=IwAR0SSqRehVA29qJhuvrEIaea-p7x-MBa-rdaKggh3FoQu9Wf2h1mWiR6uzk

If you have any questions or would like to discuss you can contact us by telephoning 0659051009 or by emailing info@mcmahonwilliams.ie.