Jeffrey Epstein signed a new will 2 days before his suicide

Jeffrey Epstein signed a new will 2 days before his suicide

Disgraced financier Jeffrey Epstein signed a new will just two days before his death by suicide last week, court papers obtained by the New York Post show.

The documents — filed on August 8 in the US Virgin Islands where Epstein owned two private islands— valued Epstein’s estate at over $577 million dollars, roughly $18 million dollars more than Epstein had previously stated in court documents related to his bail request.

The documents also mention more than $56 million in cash included in his estate’s total worth, according to The Associated Press.

According to the documents, Epstein’s will lists holdings that were not previously disclosed in other court documents, including “Aviation Assets, Automobiles and Boats,” which totalled $18.5 million, as well as “fine arts, antiques, collectibles, valuables,” which have yet to be appraised.

The assets were transferred to a trust called “The 1953 Trust,” named after the year he was born. The documents do not list any beneficiaries to the trust, though court papers note that Epstein’s only potential heir was his brother Mark Epstein, who had legal rights to his assets only if the will had not been filed.

Two other men — Epstein’s longstanding employees Darren Indyke, a lawyer, and Richard Kahn, a businessman — were listed as executors of the will and were given $250,000 each for their work as well as “reasonable” expenses accrued while on the job.

Read more: The famous connections of Jeffrey Epstein, the elite wealth manager charged with sex trafficking young girls

Epstein, 66, was being held at the Metropolitan Correctional Center in Manhattan as he awaited trial on sex trafficking and conspiracy charges. Epstein had pleaded not guilty to the charges, which carried a jail sentence of up to 45 years.

He was found unresponsive in his cell on the morning of August 10. The medical examiner ruled his death a suicide on Friday.

In court documents seen by Business Insider, prosecutors on Monday asked the judge presiding over Epstein’s case to dismiss Epstein’s indictment in light of his death and added that they have made efforts to contact “all identified victims” of Epstein’s to relay the news of his death.

Several lawyers for Epstein’s alleged victims have vowed to pursue justice and said they would take legal action against his estate despite the fact that Epstein left no beneficiaries to his assets.

“Give his entire estate to his victims,” Lisa Bloom, who represents several women who have alleged abuse by Epstein, wrote in an email, according to the AP. “It is the only justice they can get.”

Source link