Two heterosexual Irish men marry to avoid inheritance tax

Image
IANS Dublin
Last Updated : Dec 23 2017 | 11:20 AM IST

Two Irish heterosexual men have married in Dublin to avoid paying 50,000 pounds inheritance tax on a house, the media reported on Saturday.

Best friends Matt Murphy and Michael O'Sullivan decided to get married when they discovered how much tax would have to be paid on the house Murphy, 83, intended to leave in his will to O'Sullivan, 58, who is his carer, reports the Guardian.

Same-sex marriage was legalised in Ireland following a referendum in May 2015.

"I've known Matty for 30 years. We became very friendly after my second relationship broke up," O'Sullivan, a father of three, told the Irish Mirror.

"I have been bringing Matt out in my car to various parties and all that kind of thing. He became friends with all my friends, they all loved him."

Each man went went through some tough times, with O'Sullivan becoming homeless and Murphy suffering from giant cell arteritis which affects the optic nerve.

"I stayed over with him for a while and eventually Matt said 'Why don't you come and stay here?'. I would go over and stay with him the odd time but never full time."

Murphy could not afford to pay O'Sullivan as a carer. "Eventually Matt said the only way he could pay me was to leave me the house. He said he would give me the house so I have somewhere to live when he goes."

However, O'Sullivan knew that would mean a huge tax bill and the house would have to be sold to pay it. He said Murphy "was chatting a friend down the country in Cashel, Co Tipperary, and she jokingly said we should get married. Then one night he turned around and said it to me and I said I would marry him".

The couple got married in a former hospital on Dublin's Grand Canal Street, followed by a meal for five at the nearby Gasworks bar, the Guardian reported.

O'Sullivan was previously married to a woman. It is Murphy's first marriage.

--IANS

ksk/vm

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 23 2017 | 11:14 AM IST

Next Story