Our site uses cookies

I agree Our site saves small pieces of text information, called “cookies” on your device. Find out more in our cookie policy. You can disable the usage of cookies by changing the settings of your browser. By continuing to browse the site you are agreeing to our use of cookies.

Eccentric millionaire's £26 million will shows how best to execute your estate

What has undoubtedly fascinated the press most has been his level of wealth. A man who did not own a car and rarely bought anything new, settled £26,020,030 almost entirely upon a niece and two nephews.

Unfortunately most solicitors will not be expecting to amass such a pot of gold (even if they are fortunate to inherit some wealth from their parents like Mr Guild). To read more on how a letter of wishes and a discretionary trust can make sure your will is executed to your specifications, head to Spear's Wealth Management Magazine.

Related Expertise

Private Wealth

Related in brief posts

The Court of Protection and the vaccine: to administer or not to administer

The Court of Protection and the vaccine: to administer or not to administer - Nicola Boulter considers two recent Court of Protection decisions.

No-one expects a 1975 Act claim......

Two decisions under the Inheritance (Provision for Family and Dependants) Act (enabling a spouse/civil partner and others, to bring a claim if a Will fails to make reasonable financial provision for that person) have produced very different results.

MEET | THE | EXPERTS: A Taxing Time or Time for Tax

March sees the launch of the Treasury Committee’s report ‘Tax after coronavirus’, Budget Day and a later release of tax related consultations and calls for evidence. Join our experts at 11am on 24 March to see how these developments may affect you.