August 20, 2019
Jeffrey Epstein signed a will just two days before he died in jail, newly-released court records show.
Jeffrey Epstein Signed $577m Will Two Days Before He Died In Prison
According to court papers filed last week in the US Virgin Islands, Epstein’s estate is valued at more than $577m (£476m), including more than $56m (£46m) in cash.
No details of beneficiaries have been listed, opening a new legal front over what could be a long battle over the financier’s fortune.
The existence of the will, first reported by the New York Post, raised new questions about Epstein’s final days inside the Metropolitan Correctional Centre, where he was awaiting trial on federal sex trafficking and conspiracy charges.
Epstein signed the document August 8. Less than 48 hours later, he was found dead in his cell.
Prosecutors on Monday moved to dismiss the indictment against Epstein but have said they are considering charging others with facilitating his alleged abuse of dozens of girls.
The filing of the will, meanwhile, had been closely followed by lawyers representing women who claim they were sexually abused by Epstein when they were teenagers and recruited into his residences to provide him massages.
Several attorneys vowed to go after his assets even if the will had named beneficiaries, as Epstein’s death means there will be no trial on the criminal charges against him. One woman filed suit against the estate last week, claiming Epstein repeatedly raped her when she was a teenager.
“Give his entire estate to his victims. It is the only justice they can get,” one of those lawyers, Lisa Bloom, wrote in an email. “And they deserve it. And on behalf of the Epstein victims I represent, I intend to fight for it.”
Former federal prosecutor David S Weinstein, who is now in private practice in Miami but not involved in the Epstein case, explained states and US territories have certain timeframes within which to make a claim against someone’s estate.
“There are certainly going to be a lot of lawyers involved,” Weinstein said. “It’s not going to be over any time soon.”
A hedge fund manager who hobnobbed with the rich and famous, Epstein owned a Caribbean island, homes in Paris and New York City, a New Mexico ranch and a fleet of high-price cars.
Epstein had more than $112m worth of equities, according to the will, and nearly $200m in “hedge funds & private equity investments.” Among the properties that will be subject to appraisal and valuation are his collection of fine arts, antiques and other collectibles.
As part of his 2008 plea deal to Florida state charges, Epstein made undisclosed financial settlements with dozens of his victims. It’s unclear how those settlements might affect any claims made on his estate.
William Blum, an attorney for Epstein’s estate, said the document was Epstein’s original last will.Related... Prince Andrew 'Appalled' By Jeffrey Epstein Sex Abuse Claims Medical Examiner Rules Jeffrey Epstein's Death As Suicide Jeffrey Epstein's Autopsy Reportedly Shows Multiple Broken Neck Bones Jeffrey Epstein’s Guards Reportedly Fell Asleep And Didn’t Check On Him For 3 Hours Who Is Ghislaine Maxwell, The British Woman Accused Of Helping Jeffrey Epstein Groom Girls? All The Twists And Turns In The Jeffrey Epstein Case Since He Was Found Dead
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