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Pensioner in death bet to beat IHT

A Devon pensioner has made a 500 bet that he will die before the end of the year in a bid to cover his predicted inheritance tax bill.

Arthur Robinson, 91, stands to win 3,000 at 6/1 odds with bookmakers William Hill if he dies by December 6.

Why make such a morbid bet? He asked an insurance broker to get a quotation to cover the 3,000 if he died but he was charging 1,300 for the service. His answer to the broker was “Over my dead body”.

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