Unmarried couples who purchase their first home together should be aware of the potential tax bills associated with life cover. Borrowers will typically be required by their lender to obtain life cover, in order to meet the loan in the event of the borrower's death. However, life firm Caledonian Life and Dublin-based life assurance broker Dave Kavanagh have raised concerns about the potential tax liabilities that cohabiting couples may face in the event of the...
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