Gene Hackmans kids not mentioned in his will heres what could happen to his $80M fortune
Gene Hackman’s $80 million fortune is allegedly not going to his children.The actor and his wife Betsy Arakawa’s wills have been revealed after their shocking deaths last month, with TMZ reporting that Hackman’s kids were not included in his.In 1995, the “Birdcage” actor reportedly made Arakawa the sole beneficiary of his estate, leaving out his three children: son Christopher and daughters Leslie and Elizabeth.Hackman’s wife was supposed to get his fortune in the event of his death, which was likely to happen before her.He was 95, and she was 65.However, they both tragically passed away within days of each other.Here’s the twist — if Arakawa died first, most of her assets were reportedly supposed to go to her husband.
The documents allegedly show a provision stating that if they died within 90 days of each other, aka a simultaneous death, all of Arakawa’s assets would go to charity.The couple, who married in 1991, did not have a prenup.They also lived in New Mexico, which is a community property state, adding more chaos to the situation now that they are both gone.According to TMZ, Hackman’s son has already hired a prominent California trust and estate attorney, which is a high indicator that he’s likely to challenge the will.The outlet also points out that collecting the “The French Connection” actor’s fortune isn’t completely off the table for his children as they are the most direct living heirs.
Hackman hasn’t shied away from discussing his relationship with his kids — especially Chris, whom the Oscar winner admitted he wasn’t present nearly enough during his childhood.The star reportedly mended those relationships over the years.Hackman and Arakawa’s estate has already attempted to block the Santa Fe medical examiner and the Santa Fe County Sheriff’s Office from releasing videos, photos and police bodycam footage connected to the pair’s deaths, reported the Santa Fe New Mexican.The petition also attempts to block a...