Who will acquire Liam Payne’s $32.2 million estate? Here is the Answer
Liam Payne’s Ex Cheryl Cole appointed administrator of his $32.2 million estate: After the sudden death of English singer-songwriter Liam Payne, everyone was curious to know who will acquire Liam Payne’s $32.2 million estate? Will it be his Sister, Ex or Current girlfriend or any relative? But the Court has solved this dilemma now. According to the reports, Court has appointed Payne’s ex Cheryl as the administrator of his $32.2 million estate. This decision was taken because Payne died without a will.
What is Court’s Order about Liam Payne $32.2 million estate
In the Court documents released on May 1, Cheryl and lawyer Richard Mark Bray have been appointed administrators of the estate. According to these documents, the gross value of Payne’s property in the UK is around $38 million, while the net value is about $32.2 million.
What is the UK law Says about Such Properties?
According to British law, if a person dies without a will, his property goes to his legal spouse. But the singer and songwriter was unmarried. So in this case Liam Payne’s closest relatives (such as children or parents) can claim their right or the property will be given to close relatives as per the UK law.
Who has the Actual right on Liam Payne’s Property?
Since Liam Payne was not married to Cheryl, but he has a son Bear and the property will go to his son. However, since Bear is a minor, Cheryl has been appointed the administrator of the property.
Cheryl Can only Take Care of Property
According to the report, Cheryl and lawyer Richard Mark Bray will manage the property, but they will not have the right to sell or transfer the property. Cheryl and lawyer Richard Mark Bray can only take care of it until Bear becomes an adult.
Cheryl and Liam Payne’s relationship
Cheryl and Liam Payne were in a relationship from 2016 to 2018. During this time, a son Bear was born in 2017. Although their relationship did not last long, both of them worked together in raising Bear.
How Did Liam Payne Died?
Liam Payne, 31 a famous English songwriter and singer, died in October 2023 after falling from a hotel in Argentina. His death was a big shock to the music world and to millions of his fans. Payne was the father of 8-year-old son Bear with Cheryl (ex of him). As he died without will, the question of who will be the owner of his estate was arising.
After Liam Payne’s death, Cheryl had issued an emotional statement, in which she described this tragic incident as “earth-shaking”. She wrote –
“Liam was not just a pop star or celebrity. He was a father to our 7-year-old son, a son, brother and uncle to his family. He was a friend who was loved by everyone. Our son will now live with the truth that his father is no longer in this world. Please, give Liam the dignity he deserves even after his death, so that he can rest in peace.”
Status after Liam Payne’s death
At the time of Liam Payne’s death, he was dating influencer Kate Cassidy. Kate was also shocked by Liam’s death. Here is what Kate Said in an interview about Liam Payne, “I am still trying to accept that he is no longer here. So it is extremely painful to refer to him in the past tense when I talk about him”.
Liam’s sister Ruth Gibbins also wrote an Instagram post paying tribute to her brother. She wrote –
“Sometimes I can hear you laughing at me, like Whoopi Goldberg in the movie Ghost. I look for you everywhere. You appear to me in different ways and get me on the right track. I still can’t comprehend what happened and how final it all is. You know, I will continue to do everything I can for you. I miss you every moment – whether it’s loudly or quietly.”
Liam Payne’s legacy
Liam Payne rose to worldwide fame as a member of One Direction. After leaving the band, he went on to have a successful solo career and released hits like “Strip That Down”. His death shocked not just the music industry but also his millions of fans.
His estate will now be managed in the name of his son Bear, and his ex Cheryl will look after it. It’s important to ensure that Bear’s future is secure, as he is Liam Payne’s biggest legacy.
