Added property to a relevant property trust - treatment at next 10 year anniversary
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I understand that there is some credit given for the addition occurring part way through the 10 year period. How does that work? Is it on the basis of one-fortieth as in a calculation for an exit charge?
Comments
HI
https://www.mandg.com/dam/pru/shared/documents/en/pruag02068.pdf
See bottom of page 40.
Thanks Les. My educated guess wasn't far off.
Very close!