ARTICLE · 07 MARCH 2024

Unconventional Estate Plans And Will Challenges

Sorbara Law

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Estate planning is a critical aspect of financial management that ensures the orderly distribution of assets after an individual's passing. While many people opt for conventional approaches...

CanadaFamily and Matrimonial

Billionaire Hermès and his Lucky Gardener

Estate planning is a critical aspect of financial management that ensures the orderly distribution of assets after an individual's passing. While many people opt for conventional approaches when structuring their Wills, it is not uncommon to hear about the richest of the rich, who opt for unconventional, sometimes eccentric approaches to plan their Estate.

Most recently, news about the 80-year-old billionaire Nicolas Puech, who is also a descendent of the founder of the luxury brand Hermès, revealed that he plans on adopting his 51-year-old former gardener and will leave him with half of his estate, which is currently valued at $11 billion USD in fortune and $5.9 million USD in properties around the world.

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