Liam Payne’s Unexpected Fortune: Who Inherits Millions After His Tragic Passing?
Liam Payne Leaves £24 Million Legacy After Untimely Death
Liam Payne, the former One Direction star, left a legacy of £24 million following his tragic death from a fall after a drink-drug binge on October 16, 2024. Official reports indicate his estate was initially valued at £28,595,000 but was reduced due to debts and expenses. Court documents reveal that Payne appointed his ex-partner, Cheryl Tweedy, as administrator of the estate, which is expected to be placed in trust for their eight-year-old son, Bear. The arrangement raises concerns for Payne’s girlfriend, Kate Cassidy, as she may not inherit any funds, despite plans to marry shortly after his passing. Legal experts suggest that under UK intestacy rules, the estate will primarily benefit Bear, leaving significant questions about Cassidy’s future claims.
FAQ Section
1. How much was Liam Payne’s estate worth after his death?
Liam Payne’s estate was valued at £28,595,000 but reduced to £24,280,000 after settling expenses and debts.
2. Who will manage Liam Payne’s estate?
Payne’s estate administration has been entrusted to his ex-partner Cheryl Tweedy and music lawyer Richard Bray.
3. What happens to Liam Payne’s fortune under UK intestacy rules?
His wealth is likely to be placed in trust for his son, Bear, under UK intestacy laws, which determine inheritance in the absence of a will.
4. Will Liam Payne’s girlfriend receive any inheritance?
It appears unlikely that his girlfriend, Kate Cassidy, will receive anything from his estate, as the funds will be directed primarily to his son.
