British media provided details about the singer's wealth for the first time
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Seven months after the tragic death ofLiam Paynein Buenos Aires, the details of the unbelievable fortune left by the British artist and how his inheritance will be distributed have been revealed.
On October 24, 2024, the pop world was paralyzed by the shocking news of the death of the former One Direction member who died after falling from the third floor of the Casa Sur hotel in the Buenos Aires neighborhood of Palermo, while visiting Argentina. The autopsy determined that the 31-year-old singer died from severe polytrauma and hemorrhages caused by a fall of more than 39 feet (12 meters).
This Thursday, British media such as The Sun and MailOnline provided details for the first time about the estate of the performer of "Strip That Down". According to court documents, Liam Payne left a fortune of 28.5 million pounds sterling, which after settling debts and expenses was reduced to 24.2 million (approximately 30 million dollars).
Medios británicos dieron por primera vez detalles sobre el patrimonio del cantante
The most surprising aspect of the case is that the artist had not drafted a will. Due to this, the UK justice system will be responsible for distributing the inheritance according to intestate succession laws. According to this regulation, his eight-year-old son Bear Payne would be the main beneficiary of the estate.
Until Bear reaches the age of majority, the assets will be under fiduciary administration. The child's mother, singer Cheryl, and music industry lawyer Richard Bray were appointed as temporary trustees of the trust.
El artista no había redactado un testamento
Meanwhile, Kate Cassidy, Payne's partner at the time of his death, was left out of the legal distribution for not being married to the artist or having legal provisions in her favor. Although she could request a "reasonable financial provision", sources close to Page Six confirmed that the American influencer has no intention of making any claims.
In a recent interview with The Sun, Cassidy was moved as she recalled the days leading up to the accident and the guilt she still feels for having returned to the United States. "I never thought this would happen. We had a responsibility with our dog, Nala. That was the last time I saw him", she said through tears.
