Beyond the high asset value (estimated at $70 million), many experts found hiw will to be poorly constructed, due to unwise tax planning and inadequate real estate structures. According to the terms of Mr. Gandolfini’s will, a home he owned in Italy was to be split equally between Michael – Gandolfini’s first son – and […]
Tag: realestate
Adverse possession of jointly-owned properties by family members
All these questions were addressed in a recent ruling by the Supreme Court of Italy (Court of Cassation). The court reaffirmed that use of a property over a long period can add legitimacy to a claim of ownership. However, as will be seen in this case, adverse possession can’t be used to dispossess co-owners […]