Disputing a father’s charitable legacy
One of the largest ever bequests of land in South America is being disputed by the donee’s daughter. US billionaire Doug Tompkins, one of the founders of the outdoor clothing brand The North Face, died in a kayaking accident in Chile in 2015, where he had lived...
Weird Wills – A Battle for Billions
If you were once known as the richest woman in Asia, it is likely there will be a battle for your billions when you die. Known as ‘Little Sweetie’, Nina Wang was something of an eccentric. With her hair in pigtails and always dressed in traditional...
Using alternative assets to pay your inheritance tax
Should you be a passionate art collector or a generous artist’s relative, you may well have the alternative to an Inheritance tax bill hanging on your wall. The Acceptance in Lieu of Tax (AIL) scheme enables taxpayers to transfer works of art into public ownership. ...
Weird Wills – Impossible Gifts
Occasionally a family feud or personal agenda can manifest in a will. When US business man Frank Mandelbaum’s will was read in 2007, he used a trust to effectively disinherit his gay son by creating an impossible gift. In the will it was discovered Frank had left a...
The Last Laugh for Ken Dodd
Liverpudlian comic Ken Dodd passed away this month. The funny man OBE was 91 when he died and worth an estimated £7.2 million GBP and a collection of tickling sticks…… Dodd had been living with his partner Anne Jones for over 40 years, in their Liverpool...
