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My mother, who rents from the council, was left a house worth €300,000 by her brother whom she looked after for three years and who sadly passed in 2019. The will is currently being contested by his only son. My mother is worried about the tax she will have to pay. She is in her 70s and has never lived at the property which she has been given in the will. She doesn’t own any property and is on State pension. I’m wondering if there are any loopholes regarding tax? Also, when and if she does receive this property, would she be best off selling it in the bad condition it is in or investing time and money into preparing it for sale to hopefully have it sell for more?

Department of social protectionSocial protectionPersonal financeDominic coyleRevenue commissionersInheritance taxCapital gains taxContributory state pensionInstalment payment planMeans testNon contributory state pensionSelf assessedதுறை ஆஃப் சமூக ப்ரொடெக்ஶந்சமூக ப்ரொடெக்ஶந்தனிப்பட்ட நிதிஆதிக்கம் செலுத்தும் கோய்ல்