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inheritance

May 31, 2013

Greek authorities are reportedly examining the legality of the sale of Skorpios Island, the private retreat of late shipping owner Aristotle Onassis, amid claims it contravenes the wishes outlined in his will.

Greek authorities are reportedly examining the legality of the sale of Skorpios Island, the private retreat of late shipping owner Aristotle Onassis, amid claims it contravenes the wishes outlined in his will.

March 12, 2013

Gina Rinehart, Australia's richest woman, can breath a small sigh of relief knowing she has one less family member to fight in an ongoing legal dispute. 

Gina Rinehart, Australia's richest woman, can breath a small sigh of relief knowing she has one less family member to fight in an ongoing legal dispute.

Rinehart has reached a financial settlement with her estranged daughter Hope Rinehart Welker – one of three of her children involved in litigation to remove her as sole trustee of their trust fund.

June 20, 2012

Many wealthy baby boomers are considering not leaving their children an inheritance in favour of giving their money to charity.

Many wealthy baby boomers are considering not leaving their children an inheritance in favour of giving their money to charity.

That’s one of the findings of research by US Trust, part of the global wealth and investment management unit of Bank of America, which looked at 642 Americans with at least $3 million (€2.36 million) in investible assets and found big variations in how different generations view wealth transfer.

April 12, 2010

Gianluigi Gabetti, the non-family chairman of the Agnelli family’s private holding company, will step down in May to be replaced by fifth-generation family member John Elkann.

Gianluigi Gabetti, the non-family chairman of the Agnelli family's private holding company, will step down in May to be replaced by fifth-generation family member John Elkann.
 

March 18, 2010

Margherita Agnelli de Pahlen, daughter of the late Fiat chairman Gianni Agnelli, yesterday lost the court case she brought against her mother and three of her father’s advisors in which she claimed she had been denied her full inheritance.

Margherita Agnelli de Pahlen, daughter of the late Fiat chairman Gianni Agnelli, yesterday lost the court case she brought against her mother and three of her father's advisors in which she claimed she had been denied her full inheritance.
 
Fourth generation Agnelli de Pahlen claimed her father's estate had up to €1 billion in undeclared assets that had not taken into account and had called for a fuller accounting of the estate.
 

May 1, 2007

Watching a child get married is an emotional time for any parent, especially if you think their partner is unsuitable. But how can you prevent the family business being affected by a potential divorce settlement? Karen Jones explores the growing world of “pre-nups”

Watching a child get married is an emotional time for any parent, especially if you think their partner is unsuitable. But how can you prevent the family business being affected by a potential divorce settlement? Karen Jones explores the growing world of "pre-nups".

Jones is a freelance journalist based in the UK.

March 1, 2005

The myth that the eldest son automatically inherits the bulk of a wealthy estate or family business could be exploded once and for all, if the findings of a new study on Britain’s rich are to be believed.

Scott McCulloch is editor of Families in Business

May 1, 2004

Given the extent of tax changes proposed under the UK’s latest budget, how can high net worth individuals at the helm of family businesses best manage their wealth in a changing tax landscape?

Matt Pitcher is a financial consultant at Towry Law.

Given the extent of tax changes proposed under the UK's latest budget, how can high net worth individuals at the helm of family businesses best manage their wealth in a changing tax landscape?

June 1, 2003

A family may fear that their children will use up their inheritance. The best insurance that the money is used wisely is to take steps to make sure that each heir develops passion, values and responsibility so they can lead a fulfilled adulthood and continue the wealth into future generations

Dennis T Jaffe, PhD is professor at Saybrook Graduate School in San Francisco, author of Working With The Ones You Love and a founding member of the Aspen Family Business Group.

A family may fear that their children will use up their inheritance. The best insurance that the money is used wisely is to take steps to make sure that each heir develops passion, values and responsibility so they can lead a fulfilled adulthood and continue the wealth into future generations

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