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High Court rules on Evergreen Group founder's will
The High Court has rejected an appeal by a son of late Evergreen Group founder Chang Yung-fa, who was challenging a ruling that his father left his entire estate to another son, StarLux Airlines Chairman Chang Kuo-wei.
The ruling upholds a lower court verdict that the elder Chang's will was valid and that Chang Kuo-wei was the sole inheritor of his father's personal estate.
The estate is worth about NT$14 billion in money, shares, and private property.
Chang Yung-fa passed away in 2016 at the age of 88 and left a handwritten will, naming Chang Kuo-wei as the new chairman of the group and the beneficiary of his assets.
The High Court says after deducting a certain portion of the estate that must be retained for other heirs, Chang Kuo-wei will be the heir to his father's inheritance.
Chang Kuo-cheng filed a suit contesting the validity of the will – arguing that his father never signed it and did not designate at least two witnesses to testify in court about the execution of the will. The High Court Ruling can be appealed.
