Farms worth more than about $1.3 million will face an estate tax from 2026, ending a previous exemption and prompting anger in some rural communities.
Tag: Wills and Estates
Heiress Seeks 50 Austrians to Give Away $27 Million
Marlene Engelhorn has sent invitations to 10,000 Austrians. Once that group is narrowed to 50, it will spend six weekends this year discussing the best way to spend the money.
King Charles Inherits Riches, and Passes Off His Own Empire
As prince, Charles used tax breaks, offshore accounts and canny real estate investments to turn a sleepy estate into a billion-dollar business.
An Italian Princess From Texas Awaits Her Next Act
Princess Rita Boncompagni Ludovisi, formerly Rita Jenrette, is locked in a battle over the estate of her late husband, a Roman prince.
U.A.E. Changes Laws to Attract Foreign Tourists and Investment
The United Arab Emirates is abolishing lenient sentences for so-called honor killings, loosening alcohol restrictions and lessening the sway of Islamic law over foreigners.
Abused Woman Who Killed Husband Is Granted the Family’s U.K. Estate
Sally Challen’s landmark case has put a spotlight on the fight against domestic abuse in Britain.
Where There’s a Will in England, There’s a Way
Prodded by the coronavirus, thousands are making or updating their estate arrangements, but an archaic law requiring two witnesses in person is forcing people to take drastic measures.