Common

Estate of Jeffrey Epstein

Post-mortem revocable trusteeship for Jeffrey Epstein's US assets

Estate of Jeffrey Epstein

Common card · No. 203789

The estate of the financier and convicted sex offender Jeffrey Epstein was established on August 15, 2019, five days after his death, for the purpose of administering his property and settling his legal issues. The estate was created when Epstein's last will and testament was filed in the Superior Court of the U.S. Virgin Islands. Epstein's will named his lawyer, Darren Indyke, and his accountant, Richard Kahn, as joint executors of his estate. The estate is organized as a revocable trust called the 1953 Trust, and it will pay out the remainder of Epstein's fortune to trustees upon the resolution of all claims against the estate. Epstein's estate was valued at over $577 million at the time of his death, but it has since decreased in value to around $120 million due to ongoing costs. The estate has been the subject of numerous lawsuits and legal inquiries, including two Congressional subpoenas by the House Oversight Committee.

Read on Wikipedia · Image Jesse Allen and Robert Simmon, Public domain

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