Archive for the ‘Inheritance’ Category

How a £5m, 3,000-acre estate fell into ruin after American heir refused to inherit property for 40 years because he didn’t want to pay death tax

March 18, 2013
John Paget Figg-Hoblyn
John Westropp Figg-Hoblyn

A vast British estate that had fallen into ruin after its American heir refused to claim the land can finally be divided among relatives after 80 years of legal wrangling.

The Hoblyn estate in Cornwall, with its enormous manor house set in 3,000 acres of lush English countryside worth $7.5million, has been inherited by two elderly sisters in California.

However the women’s cousin and next male heir – the only person who wanted to restore the estate to its former glory – has been left with a vastly reduced sum because of a change to the century-old will.

The estate, with its 19th-century Fir Hill manor house, belonged to the Figg-Hoblyn family who first moved to the property in 1856.

Full Article & Source:
How a £5m, 3,000-acre estate fell into ruin after American heir refused to inherit property for 40 years because he didn’t want to pay death tax

See Also:
John Figg-Hoblyn

Advertisements