Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Tuesday, February 4, 2014

Mandela's Will Read In Johannesburg

Nelson mandelaNelson Mandela's will, as amended in 2008, was recently read in Johannesburg. Graca Machel, former president Mandela's wife, will most likely waive her half of the estate to receive four properties and other assets instead. A summary of the will indicates that Mandela left Machel, family, staff, schools, and the ANC roughly 4.1 million US dollars. His royalties from some of his homes, his book, and other projects were left in a family trust. Mandela wished that the home in which he died  "... should also serve as a place of gathering of the Mandela family in order to maintain its unity long after my death." Mandela's will also forgave the unpaid portions of loans given to his children during his life. No one has yet contested the will.

See Graca Waives Rights To US$4m Mandela Estate, New Zimbabwe,  Feb. 3, 2014.

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2014/02/mandelas-will-read-in-johannesburg.html

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