In a will he wrote in October 1982, Shoul Eisenberg virtually disinherited his wife Leah from all his property. Eisenberg left his son Erwin 51% of his assets, and practically complete control over three of his brothers-in-law, who were obligated to work at the group for 15 years after Shoul Eisenberg’s death.
The will lays down that Leah Eisenberg will be entitled to 10% of certain properties in Tokyo, and 10% of the cash, objects of value, shares, bonds, and insurance policies, after deducting $5 million from the overall value of these items, to be transferred to a fund to maintain the standard of living of Eisenberg’s brother and sister. It was also determined that Leah Eisenberg is entitled to an eighth of her husbands art collection, and to a life insurance payout of $1 million. However, the widow receives no perpetual right in the family’s houses in Israel and overseas, or in the Eisenberg group.
The will states that Erwin Eisenberg will receive 51% of the shares in the companies appearing in the will, representing the Eisenberg group vehicle at that time. It should be noted that the Israel Corporation was then not yet controlled by Eisenberg, and nor was Israel Chemicals. Nevertheless, the will states explicitly that the list of companies is not exhaustive.
Shoul Eisenberg also lays down in this will that his son Erwin will take the title "President of the Eisenberg Group", on the grounds that this will ensure continuing family control of the group. The rest of the shares are to be divided equally (9.8% each) between Alfreda and Yigal Dimant (Alfreda Dimant later died), Edith and Meir Rosenfeld, Esther and Yonatan Zochovitzky (who later quarrelled with Eisenberg and were disinherited in the 1986 will), Liz Hardy and Emily Forman (but not their husbands).
Eisenberg also stipulated that his daughters and sons-in-law will only receive their portions in the inheritance if the sons-in-law mentioned are in managerial posts in the Eisenberg group on the day he dies and continue in their posts at least 15 years after that. Eisenberg awarded his son Erwin sole authority to determine whether his brothers-in-law have turned from company assets to liabilities. Should that occur, Erwin can fire them, and the portion of that son-in-law and his wife will reduced to only 4.9% of the estate.