New Tax On Trusts 'May Force Will Changes'

Daily PostApril 08, 2006

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Summary


PEOPLE on middle incomes with life insurance policies will not be hit by a new tax on trusts, but millions could still need to review their wills.

The Government yesterday said straightforward life insurance policies, such as those taken out to pay off a mortgage if the holder dies, would not be affected by the new rules.

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New Tax On Trusts 'May Force Will Changes'

But it will press ahead with chang...

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