Philip Seymour Hoffman Didn’t Leave His Estate To His Children
It’s been months since Philip Seymour Hoffman passed away from his heroin overdose, but now we’re learning the matters surrounding his estate.
According to the actor’s accountant, David Friedman, Philip Seymour Hoffman hasn’t passed on his estate to his children. Instead he made an executive decision that kept his children from inheriting his money.
Although the Capote actor died in February of a drug overdose, we’re only hearing these details now because court papers were filed on July 18. The papers were obtained by the New York Post. According to the papers, Philip Seymour Hoffman’schildren, Cooper, 10, Tallulah 7, and Willa, 5, will not be able to touch anything in his estate.
Friedman was interviewed and said that he “recalled conversations with [Hoffman] in the year before his demise where the topic of a trust was raised for the kids and summarily rejected by him.”
It doesn’t seem like Hoffman didn’t trust his children, but it had to do with the children becoming “trust fund kids.” According to his accountant Philip wanted his partner Mimi O’Donnell to take his $35 million to take care of their children if he had died prematurely.
Although the two weren’t married, according to the report, Philip Seymour Hoffman’s accountant, “advised that he observed Hoffman treating his partner/girlfriend… in the same manner as if she were a spouse.”
At the time of his death Philip Seymour Hoffman was no longer living with his partner and their children due to his drug problem. That said, that’s not the reason why they weren’t married. According to the report Hoffman, “did not believe in marriage.” That said, “The size and nature of the jointly held assets support the position that [Hoffman] regarded [O’Donnell] as the natural object of his bounty.”
At the time of his death the Capote actor was towards the end of filming his second film in the Hunger Games franchise, Hunger Games: Mockingjay. The actor was introduced as Plutarch Heavensbee in The Hunger Games: Catching Fire. When Hoffman’s death was reported the studio behind the series released a statement.
“Philip Seymour Hoffman was a singular talent and one of the most gifted actors of our generation. We’re very fortunate that he graced our Hunger Games family. Losing him in his prime is a tragedy, and we send our deepest condolences to Philip’s family.”
At first it was questioned whether or not the production would have to scrap Hoffman’s material, but since he was at the end of his filming they were able to salvage the story line in the two films. Philip Seymour Hoffman will live on in Mockingjay Part 1 and Part 2.
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