MS Word: Paste as Text

To set up a shortcut key to paste as text, do the following:

1. From the View tab, create a new macro named PasteSpecialAsText.
2. Replace the contents of the code editor with the following text:
   

   Sub PasteSpecialAsText()
     Selection.PasteSpecial DataType:=wdPasteText
End Sub

3. From the File menu, choose Word Options, then Customize Ribbon, and then click the Customize button next to Keyboard shortcuts at the bottom to bring up the Customize Keyboard dialog.
4. Choose Macros from the categories list on the left, and then your macro in the Commands box on the right-hand side. Now you can enter in a shortcut key (Ctrl+Shift+V or your own), and click the Assign button.

This procedure was taken from LifeHacker and updated for Word 2010.

[Source LifeHacker]