The 31-year-old star, who tragically fell to his death from a hotel balcony on October 16 last year after a drink-drug binge, left a total of £28,595,000. However, this amount was reduced to £24,280,000 after his expenses and debts were paid.
Interestingly, court documents reveal that the tragic One Direction star granted the power of administration of his estate to his ex-girlfriend, Cheryl Tweedy, who is the mother of his eight-year-old son, Bear.
It’s probable that the fortune will be placed in trust for Liam’s son under UK intestacy laws, which typically pass an estate to the lawful spouse or their closest blood relative.
Liam Payne left a total of £28,595,000 after he fell to his death from a hotel balcony
Under UK intestacy laws, it is probable that the fortune will be placed in trust for Liam’s son.
This means that his girlfriend, Kate Cassidy, could receive nothing, despite her revealing their plans to marry shortly after his passing.
Cheryl, a 41-year-old woman, has been named alongside Richard Bray, a renowned music lawyer with a track record of representing celebrities such as Ed Sheeran.
The news comes just six months after fans of the Best Song Ever singer were left shocked by his sudden death from a third-floor balcony fall at the Casa Sur Hotel in Argentina.
The medical cause of death of the singer has been confirmed as ‘polytrauma’, which means he sustained multiple traumatic injuries to his body.
The news comes just six months after fans of the Best Song Ever singer were left stunned by his sudden death from a third-floor balcony of the Casa Sur Hotel in Argentina (pictured)
Following his fall from a third-floor balcony in Argentina, five individuals have been charged with his death.
According to a previous statement by Argentina’s National Criminal and Correctional Prosecutor’s Office, the hotel’s manager, a receptionist, and a friend of Payne have been charged with manslaughter.
