Site icon New USA News

Liam Payne Estate: Cheryl Cole Appointed Administrator Following Singer’s Intestate Death

Liam Payne's Estate Cheryl Cole Appointed Administrator Following Singer's Intestate Death

Liam Payne Estate: Cheryl Cole Appointed Administrator Following Singer’s Intestate Death

In the wake of Liam Payne’s untimely death in October 2024, it has been revealed that the former One Direction member passed away without a will, leaving behind an estate valued at approximately £24.3 million ($32.2 million). Court documents confirm that Cheryl Cole, Liam Payne’s former partner and mother of their eight-year-old son, Bear, has been appointed as a co-administrator of his estate, alongside music industry lawyer Richard Mark Bray.

A Tragic Loss

Payne died at the age of 31 after falling from a third-floor hotel balcony in Buenos Aires, Argentina. An autopsy determined the cause of death to be multiple traumatic injuries with internal and external hemorrhaging. Toxicology reports indicated the presence of drugs in his system, leading to an investigation that ultimately resulted in the dropping of manslaughter charges against several individuals.

Estate Administration and Intestacy Laws

With no will in place, Payne’s estate is subject to UK intestacy laws, which prioritize spouses and then children for inheritance. As Liam Payne was unmarried at the time of his death, his son Bear is expected to inherit the estate. Cheryl Cole and Richard Bray have been granted limited authority over the estate, with the expectation that the assets will be placed in a trust for Bear until he reaches adulthood.

Cheryl Cole’s Role and Public Statements

Cheryl Cole, who shared a significant relationship with Payne from 2016 to 2018, has publicly mourned his passing. In a statement, she described his death as an “earth-shattering event” and emphasized the importance of compassion during this difficult time, particularly for their son.

Kate Cassidy’s Grief

At the time of his death, Payne was in a relationship with influencer Kate Cassidy. Although not legally recognized as a spouse or civil partner, Cassidy has openly shared her grief, recounting their final moments together and expressing disbelief over the sudden loss.

Financial Legacy

Payne’s estate, initially valued at over £28 million, was reduced to £24.3 million after settling debts and expenses. Despite his substantial earnings, Payne had expressed guilt over personal spending and a desire to support his family, particularly in light of his father’s past debts.

Public and Industry Reactions

Payne’s death prompted an outpouring of tributes from fans, fellow musicians, and public figures. His former One Direction bandmates released a joint statement expressing their grief, and various artists highlighted the pressures faced by young stars in the music industry. A petition calling for “Liam’s Law” to safeguard artists’ mental health garnered significant support.

Conclusion

Liam Payne’s sudden passing has left a profound impact on those who knew him and fans worldwide. As Cheryl Cole takes on the responsibility of administering his estate, the focus remains on honoring Payne’s legacy and ensuring the well-being of their son, Bear.

Exit mobile version