E! News
Philip Seymour Hoffman had amassed quite the estate after 25 years in the business and when he died tragically on Feb. 2 of a heroin overdose, he had his estate in order per his exact wishes.
According to probate documents filed in New York City and obtained Monday by E! News, Hoffman had told his former accountant that he “did not want his children to be considered ‘trust fund’ kids,” and therefore left the entirety of his reported $35 million estate to his partner Mimi O’Donnell.
David Friedman, who had advised Hoffman in financial matters, told attorney James H. Hill that the Capote star had told him as recently as one year before his death that his wishes had not changed as far as leaving all the money to Mimi, knowing she’d be raising their children with that money.
Statement by Laura Bianchi, Chair of Rose Law Group Trust & Estates Department:
A well thought out and structured estate plan is truly a gift to the loved ones you leave behind. It allows them to grieve without the interference of legal issues and court proceedings, which certainly would only add to the pain and stress of an already difficult time. Bravo to Mr. Hoffman for putting his family and their needs first.
To further discuss Trust & Estate issues Laura Bianchi can be reached at lbianchi@roselawgroup.com
