Section 73 Policy Savings Plan | Money Maximising Advisors

 A Section 73 Policy Savings Plan is a strategic savings plan designed for individuals who want to pass assets, such as property or cash, to loved ones during their lifetime without leaving them with a heavy tax bill.

Approved under Section 73 of the Capital Acquisitions Tax Consolidation Act 2003 (CATCA), this policy allows parents, grandparents, or any individual with a significant estate to save regularly into a tax-efficient investment plan. This is part of Ireland’s Revenue-approved Section 73 insurance policy framework.

Once the policy has been active for at least eight years, the accumulated funds can be used to pay the gift tax liability (GTL) that arises when assets are transferred to a child or beneficiary.

It’s a forward-thinking financial strategy that ensures your generosity doesn’t come with unintended tax consequences for your family. Many high-net-worth families use Section 73 investment plans as part of long- term inheritance tax planning.

📌 Want to learn more? Visit us today: www.mmadvisors.ie/section-73-policy

Book consultation: www.inheritance.mmadvisors.ie/enquire-now

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