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Prepared for the worst - How to be ready for an unexpected death

Amanda Edwards, February 2013

Amanda Edwards TEP is an Associate in the Private Client and Tax department at Boodle Hatfield LLP.

Summary:

Polly is a fortunate 25-year-old who has bought an apartment in London with cash gifted by her parents and a mortgage of GBP150,000. She has life assurance to pay off her mortgage if she dies. The apartment is worth around GBP300,000.

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