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Children Challenging Will Bequeathing $1.5 Billion to Mistress

Will

Six out of nine children of Chinese businessman Chiu Yau-chuen areappealing a decision to uphold a will, which disinherits the children andbequeaths the HK$1.5 billion estate to Chiu Chung Kwan-ying, one of Yau-chuen’sthree mistresses.

In 2004, Yau-chuen died from a heart attack at the age of 55.  In a 1997 will, Yau-chuen left his fortune,made by selling a taxi company and investing the proceeds, to all of hischildren, but later disinherited them in favor of Kwan-ying in a 2003will.  The children claim the 2003 willis “unofficious” and that their father lacked the mental capacity to executethe will. 

See Patsy Moy, Mistress Was Wrongly Favoured, Court Told,South China Morning Post, June 5, 2013.