Bespoke â Grant Thornton
Bespoke â Grant Thornton
Bespoke â Grant Thornton
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PROTECT YOUR WEALTH<br />
SPARE ATHOUGHT for Peter Isaac<br />
Thellusson. He was 36, newly married<br />
and exceptionally upwardly mobile, when<br />
his father died in 1797. Suddenly, the<br />
young Thellusson –who at the time was<br />
MP for Malmesbury, Wiltshire, and later<br />
became the first Baron Rendlesham –was<br />
financially secure for the rest of his life.<br />
Or so he thought.<br />
His father,who was also called<br />
Peter Thellusson, had been afabulously<br />
wealthy man. Indeed, at the time of his<br />
demise he was thought to have been worth<br />
around £700,000 –that’sapproximately<br />
£34 million in today’smoney.Even if he<br />
had decided not to favour his eldest son<br />
and had shared his fortune equally with<br />
all six of his children, none of them<br />
would have had reason to complain.<br />
In financial terms, they were about to<br />
live happily ever after.<br />
So imagine the scene when the family<br />
solicitor read out the terms of Peter<br />
Thellusson’swill. What drama. Presumably,<br />
his widow Anne (née Woodford, who<br />
hailed from aLincolnshire landowning<br />
family) gathered together her brood in<br />
the drawing room of Brodsworth Hall,<br />
the flamboyant stately home in Yorkshire<br />
that her husband had acquired seven<br />
years earlier.<br />
Expectation hung tantalisingly in<br />
the air. The ornate, symmetrical room<br />
provided aperfect backdrop to what<br />
would become acause célèbre in high<br />
society and alandmark in legal history.<br />
‘There was no indication of what was<br />
to come,’ says Caroline Carr-Whitworth,<br />
acurator at Brodsworth Hall, which<br />
English Heritage acquired in 1990. ‘Peter<br />
Thellusson was not thought to have been<br />
an eccentric man, or mean or strange. In<br />
fact, he was atypical merchant financier<br />
who put money into several ventures and<br />
reaped the rewards. He had been successful