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