Image:
Tony Maxfield: "One key, and often overlooked, consideration when drafting a will – particularly when the estate is sizable – is differentiating between fairness and equity in the division of assets."
Most high net worth families want to leave a legacy to their loved ones, writes Tony Maxfield. What they rarely consider, however, is that children and extended relatives might squabble over their estate.
John, a business consultant who requested anonymity given the sensitive nature of the topic, found himself in the middle of a family feud when his mother passed away a decade ago. Despite the existence...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.
