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What does it take to leave a high-flying city life to resurrect your family’s rural estate? We spoke to three couples who’ve made the leap. We also explore the allure of rural Mallorca for homebuyers, ask why pre-civil war barns are big business in the US, and more.
...More than 13,000 wealthy families faced surprise tax bills as high as £1.4mn on lifetime gifts, after the donor died within seven years of making the bequest, data has shown....
...Her wealth was estimated at €80mn by Forbes last year.Pontegadea vies with Fedesa, which belongs to the family behind the Ferrero chocolate business, for the title of Europe’s biggest family office....
...The person added Arcore, the estate close to Milan that for the past 50 years was the late tycoon’s main residence, will also stay in the family....
...The aristocratic Grosvenor family has owned property in London for more than 300 years....
...In 1989, one of Europe’s great industrial families, the Wallenbergs, sent a young Swedish executive called Conni Jonsson to the US to see how Wall Street worked....
...The Bourlakov case centres on a family dispute over more than $3bn of assets linked to the cement and oil tycoon Oleg Bourlakov, who died in 2021....
...A neighbouring location was also purchased by the family’s holding company....
...“Some people could read those rules and think it makes sense for them, but often for people with extended families and complicated affairs it doesn’t.”...
...She grew up in the 16th-century family estate, Borde Hill in West Sussex....
...But being the lender to real estate folks is better in this rate environment and you get the property as collateral.”...
...US houses are enormous and wasteful by international standards, so it is positive for the planet as well as new buyers that the median square footage of a single family home has dropped 11 per cent in a...
...The posted bond has prevented New York state from seizing his assets — particularly his prized real estate — while he appeals a $464mn fraud judgment....
...This combination of family relations and money can become fraught, particularly after death, says Lloyd. “The share of the estate is [deemed] a proxy for love....
...We pick things up again several months after the climactic events of the first season, in which the unit helped bring down a formidable crime family and mourned the loss of a murdered, much-loved colleague...
...David had been looking to move to Wiltshire with his young family for some time and found a pretty farmhouse priced at £3.5mn that had struggled to sell last year....
...One business approaching a transfer from the second to the third generation is the Rigby Group, a technology and real estate company based in Stratford-upon-Avon in the UK....
...An estimated 432 families own half of the private land and about 1,200 families hold two-thirds, according to the Quakers faith group, which has campaigned for reform....
...The main trouble spots in the US commercial property market are offices and “multi-family” residential apartment blocks — where some operators overexpanded using cheap debt and have been hit by higher running...
...father’s multibillion-euro estate....
...reclaimed after the revolution by its original owning family....
...That shareholding is now owned by a trust on behalf of his family....
...of his real estate empire by billions of dollars in order to secure favourable loans....
...Extensive delays have caused some property sales to collapse as buyers give up on sellers who lack the legal authority to complete, estate agents have warned....
...The German Real Estate index, which tracks property sales across the country, found the price of single-family homes fell 11.3 per cent in the fourth quarter from a year ago, while the price of apartments...
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