Property News · March 18, 2017

How a £1 million inheritance slipped from our family’s grasp


Challenging a will is never easy, whether the money has been left to an animal charity or a private school. A court ruling this week has made it even more of an uphill struggleWhen Sybil Jenazian died last year it was no surprise that her estate was worth a tidy sum. Her Armenian father had made a fortune in the Lancashire cotton trade and left most of it to Sybil. But soon after her death her family were shocked to find that Sybil had changed her will in 2012, leaving the bulk of the money – believed to be more than £1m – to a local £11,000-a-year private school.A bitter dispute between the family and Manchester High School for Girls since then is just one of a growing number of battles, many involving legacies to charities, that have ballooned as soaring property values have pushed up the value of inheritances. Continue reading…

Source : theguardian.com
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