Reported 8 months ago
In a case where a 70-year-old chairman instructed the distribution of his estate before passing away, the court ruled it invalid, leading to a legal dispute between his sons. The elder son inherited 5 billion in company stock while the younger son was to receive around 3 billion in real estate and cash. However, after the father's passing, the younger son demanded an equal division of assets, resulting in a court case where the judge ruled in favor of the younger son due to a crucial detail. The lawyer emphasized the importance of legally documenting estate plans to avoid family disputes.
Source: YAHOO