Why aren’t you asking Mom this question?
I’ve named my younger son as the Executor of my estate, and he’ll be the sole beneficiary of everything. He will then distribute half of anything I might leave to his older brother.
This is “right” because his older brother is a pothead who cannot be trusted to handle the estate affairs or to cooperate with his brother in settling those affairs
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“My mother has named my eldest brother and his partner as her trustees, but has failed to name myself and my other brother in her will at all. Is this right?”
The OP mentions “trustee,” and this may be a critical clue as to what is going on here. Trustees administer trusts (not wills.) So, is there a trust involved? If so, the will may be largely irrelevant.
For example, all of my parents’ assets were in trusts. Each of their three children were equal beneficiaries of the trust. As trustee, I made sure that the trusts’ assets were distributed accordingly. As far as who got how much of my parents’ assets, it absolutely did not matter who was or was not named in their willings
Yes and no. When the Queen mother died back in 2002 she left more money to Harry, knowing that William would eventually become Prince and inherit the Duchy of Cornwall, a private estate valued at over $1 billion.
Which is exactly what happened when Queen Elizabeth passed away in 2022. So overall, Willian inherited quite a bit more than Harry.
But this $1 billion estate is nothing compared to the $10 billion that King Charles received tax free, thanks to a clever investment by the Queen into one of the world’s most exclusive asset classes … fine art.
The Royal family has been investing a portion of their fortune into art for centuries …
But the Royals are far from the only billionaires who have invested a significant chunk of their fortunes in this emerging asset class.
Billionaires like David Geffen, Jeff Bezos, and Bill Gates are all avid art collectors.
The recently-named “richest man in the world,” Berard Arnault, who is the CEO of luxury-goods conglomerate LVMH, has an extensive collection of art.
Plus, there’s a long list of celebrities like Jay-Z, Oprah Winfrey, Steven Spielberg, Jack Nicholson, Madonna, and Ellen Degeneres who have invested millions into art.
The only problem is, regular investors have always been locked out of this asset class because it usually takes millions of dollars to purchase just one iconic piece.
Until now. Investing in art just got easier, thanks to a revolutionary new investment platform called Masterworks.
provides a simple, secure way for anyone to invest in shares of paintings from famous artists like Picasso, Banksy and Basquiat.
Which is great, because contemporary art
prices have outpaced the S&P 500 by 131% since 1995 … and real estate and gold by more than three to one over the same period.
Even better, art acts as a great hedge during periods of high inflation and market volatility.
Which is why Blackrock CEO, Larry Fink, who manages nearly $10 trillion in assets, recently called art “the new gold” because of its remarkable ability to “preserve wealth”
These are just a few reasons why billionaires like Larry Fink, Jeff Bezos, and Oprah Winfrey are pouring hundreds of millions into this asset class.
Thanks to Masterworks,
you can join them. All you need to do is go to this link
to sign up for a free membership.
See important disclosures: Masterworks
