German Woman Leaves $7.5 Million to Her Neighbors

Residents of a community in central Germany have unexpectedly inherited property and a stock portfolio worth 7.5 million dollars, following the death of an elderly neighbor.

Renate Wedel had lived in central Germany, with her husband, Alfred, since 1975.Alfred, who was “successful” and “active” on the stock exchange, died in 2014, and Renate, who had been receiving care in a nursing home in Frankfurt since 2016, died in December 2019 at the age of 81.

In April this year, the district said, it was informed that Renate had bequeathed it a bank balance, shares and valuables.

Renate’s sister, who was her original heir, had already died, local media reported.

The local mayor shared, the news came as a shock to the authorities. “I thought at first, this is simply not possible, I thought a comma had slipped, something is not quite right.”

The community is obliged to use the inheritance, valued at 7.5 million dollars, for “community facilities and infrastructure.”

Source: https://edition.cnn.com/2020/12/04/europe/germany-inheritance-intl-scli-grm/index.html?fbclid=IwAR26KalBusEUW9oh1lVtHfz8h_YEguR2D5IoOkJAnhr-paHl8areqHTNbvQ

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