A stunning turn of events has occurred in the legal dispute over the Agnelli estate. During today's civil session in Turin, Margherita Agnelli's lawyers submitted an unpublished paper dated January 20, 1998, attributed to Gianni Agnelli. It appears to be a handwritten will that has never been revoked, which could potentially affect the assets of the Dicembre simple partnership, the secure which controls the family's business empire. According to what has been revealed, the wording states that around 25% of December's portion was to be given to his son Edoardo, who tragically died in 2000. If this phrase is legitimate, it could bring into question the current share arrangement among the Elkann grandchildren (60% to John, 40% split between Lapo and Ginevra). According to Margherita's lawyers, she and her mother, Marella Caracciolo, would have been entitled to Edoardo's inheritance rather than her grandchildren. The position of the opposing party is the opposite: the attorneys of John, Lapo, and Ginevra Elkann maintain that the document, which was submitted only now and in copy, has no effect on either the succession of the Avvocato, or that of Marella, nor on Dicembre’s current ownership. The supposed will from 1998 adds to an already intricate mosaic, which includes three handwritten notes made public in 2003 and the well-known “Monaco letter” of 1996, with which the Avvocato indicated John Elkann as his successor, though without formal testamentary value. The lawsuit is part of a larger dispute: Margherita is challenging the legitimacy of her mother's will and the 2004 inheritance agreement, while a criminal probe into alleged tax fraud and overseas trusts continues. The Guardia di Finanza has obtained the same document, which has now been filed, and it has to be seen whether it is genuine and legally binding. If the court finds it valid, the succession scenario and management of the family holding firm could change dramatically.
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