News about Georgina Moffat

EDEN CONFIDENTIAL: Vestey loses Midas touch as the estate is battered by large bills, according to the third Lord's will

www.dailymail.co.uk, October 25, 2022
JACK TEAGUE – The extent of his possessions - the 6,000-acre Stowell Park estate in Gloucestershire and the 10,000-acre Forest Estate on the Isle of Jura among them - testified to dexterous financial planning by his ancestors, saving the family from an estimated £88 million in taxes over the decades. However, Sam Vestey, the Queen's confidant and Master of The Horse, who died in 2012 at the age of 79, does not imitate those ancestors. The will, which has just been announced, shows that nearly three-quarters of his £15 million personal fortune was swallowed up by debt, lowering the total amount bequeathed to his five children by less than £4 million. Friends are left wondering where the majority went. The Jura estate was gifted to the boys two years ago,' I'm told, but it could have occurred too soon after Sam's death to ensure that it was exempt from inheritance tax.'