Two straight men marry in Dublin to avoid inheritance tax

Image
ANI Dublin [Ireland]
Last Updated : Dec 24 2017 | 5:30 PM IST

Two Irish male friends have got married reportedly to avoid paying inheritance tax.

Michael O'Sullivan (58) tied the knot with his 85-year-old best friend Matt Murphy after having finalized that O'Sullivan should get Murphy's house in Dublin when he passes away.

The duo, who has been friends for last 30 years and decided to marry recently, claimed that the plan came all of a sudden but they went ahead seeking financial benefits.

O'Sullivan, who had no house, recently moved into Murphy's house to become his full-time care-taker as he needed someone to take care of him at this old age.

"I was homeless, sleeping in my car and Matt needed someone to move into his home and take care of him. He was losing his sight and needed a full-time carer," O'Sullivan told The Independent, a British news website.

"He told me that he couldn't afford to pay me but said that I could live with him and he would give me his house when he passed away as payment," added O'Sullivan, who is a father of three.

The pair also credited the LGBTQ community for their fight for equality that made the same-sex marriage possible.

"You know what? The LGBTQ community fought really hard for equality, fought against discrimination and in 2015 same-sex marriage was legalised and it was a wonderful moment, a great victory," said O'Sullivan.

"But they didn't just win the right to marriage for same-sex marriages. They opened the door for everyone. It's equality for all", he added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 24 2017 | 5:30 PM IST

Next Story