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Guardianship news – L’Oreal heiress changed will

16th December 2011

According to reports coming out of Paris, Mme Bettencourt asked wills solicitors to change her will so that €700 million of her fortune and estate would be placed in a trust to contribute to biomedical research fund, the Institut Pasteur.

Newspapers say that the will was signed under the supervision of the heiress’s lawyer and former guardian Pascal Wilhem.

It is understood that a number of previously intended beneficiaries, including two grandsons, will now receive very different inheritances as a result of the changes.

However, this does not look like being the end of the long-running story, with Mme Bettencourt’s lawyers saying that they will seek to appeal the guardianship decision.

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