Inheritance

Tax & Regulation | 15 Mar 17

An estranged daughter has lost a supreme court bid to overturn her mother’s will, which excluded her only child and left her £0.5m ($0.6m, €0.57m) estate to three animal charities, in a decision that leaves things “slightly confused”, says Old Mutual Wealth’s Rachael Griffin.

Asia | 13 Oct 16

Led by China, Asia created one billionaire nearly every three days and accounted for over half of new billionaires in 2015 despite global billionaire wealth declining last year by $300bn to $5.1trn (£4.2trn, €4.6trn), according to a joint UBS Group and PwC report.

Offshore Bonds | 1 Jul 16

The Isle of Man has slashed its probate charges for non-resident applications where the only asset is a life assurance policy issued by one of the island’s insurance companies.

Retirement | 30 Jul 15

The case of a woman who secured £164,000 from her mother’s will despite being excluded from it has led the life industry to recommend trusts as a more secure way to distribute wealth upon death.