Wills, pre-nups, inheritance dilemmas – wealth links

Tuesday, March 22, 2011 | Posted by: Fiona Cullinan
Categories: Personal | Tags: links, property, divorce, yachts, marriage, inheritance, pre-nuptials, estate planning, pre-nups, Forbes, wills, rich list, collecting, estate management, books, links, wills, estate planning, pre-nups, property, inheritance, yachts, marriage, divorce, books, collecting, Forbes, rich list

Our regular pick of the web as it relates to high earners and HNWIs comes with an added flavour of weddings and family this month, including the world’s most expensive wedding, royal pre-nup advice and inheritance issues with son- and daughter-in-laws.

Record number of nationalities buy London prime : International buyers are snapping up prime London property, says estate agent Knight Frank, with the proportion of £2 million-plus sales to non-UK buyers reaching 52%.

UK eyes loophole that allows rich to pay low stamp duty on homes : The Government is targeting SDLT avoidance on high-value properties through share ownership, claims a Sunday Times article.

Survey finds people often unaware of parents’ estate plans : Embarrassment and avoiding the subject are just two of the reasons that more than 30% of the UK population don’t know what’s in their parents’ wills – or even if they have a will.

Parents facing inheritance dilemma : Conversely, 35% of parents are reluctant to leave money to their married children when they die in case they get divorced. One in four parents said that they weren’t confident their children’s marriages would last.

Before the Royal Wedding, the Royal Pre-Nup : Family lawyers offer some pre-nup advice for Wills and Kate.

The Most Expensive Wedding Ever? : The Indian wedding of Lalit Tanwar and bride Yogita Jaunapuria lasted a week, cost upwards of $20 million, boasted 500 food counters and the groom received a helicopter as a wedding present. The groom’s father insisted it was a simple wedding.

The World’s Most Expensive Yachts : From weddings to boats… here is the top 10 of big-cost boats that tell the world you’ve made it, from a hi-tech $165 million sailing yacht to a $1 billion floating palace.

The Lamborghini Yacht : As yet, there’s no price tag on this sleek high-performance prototype. But the Wall Street Journal reports on the latest in a trend for luxury mash-ups, such as the Porsche Kitchen, Hermes Helicopter and Versace private jet.

Forbes Rich Folks List Now Includes Six Facebookers : The 2011 Forbes Rich List retains Carlos Slim as the world’s richest person, former Microsoft CEO Bill Gates second and investor Warren Buffett third. But as the dot-com industry bubbles up again in the form of social networks, the big news is that Facebook has six people on the list – including the former co-founder Eduardo Savarin, the antagonist in the recent Bafta-winning movie, The Social Network.

Please your shelf : And finally, to the offline ‘adrenaline junkie pastime’ of book collecting.

Image: © AmericanistadechiapaS

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