Szabo & Associates News & Updates

Ensuring that wealth is passed on to the next generation is important to many people, and is often a key consideration when it comes to estate planning.

An interesting legal battle has begun in England over the estate of one of the country's most famous contemporary artists, Lucian Freud, reports the Telegraph.

Research suggests that there are still too many adults who don't understand how important it is to have a legally valid Will in place, regardless of their personal circumstances or size of their estate.

We recently published a blog following the death of Hollywood legend Mickey Rooney — perhaps known best for his roles in Breakfast at Tiffany's and A Family Affair — where we emphasised the importance of obtaining proper legal advice when preparing a will, as failure to do so can leave a will open to challenge.

Attitudes towards leaving an inheritance appear to be changing, with fewer people seeing the passing on of assets to the next generation as a priority.