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The former Liam Payne Cole Cole to manage $ 32 million in succession

Eleon by Eleon
May 8, 2025
in Entertainment
0
The former Liam Payne Cole Cole to manage $ 32 million in succession
Atlantis The Royal Grand Reveal Weekend 2023 - New Nobu Opening

Photo: Stuart C. Wilson / Getty Images for Atlantis Le Royal

Seven months after Liam Payne fell to death in Buenos Aires, the former succession of the One Direction star was settled. According to reports in The guardian And BBC News, Payne did not have a will in place at the time of her death, so her $ 32.3 million in assets and goods will be automatically supervised by his former partner Cheryl Cole with the lawyer for the music industry Richard Mark Bray.

According to the BBC, British law dictates that if an individual has no written will or has a legal partner, living children would inherit their succession. Payne came out with Cole, a former singer of girls aloud, from 2016 to 2018, and together, they had a son named Bear, who is now 8 years old. Because Bear is a minor, Cole and Bray were appointed administrators of the remaining wealth of Payne, although they apparently have a limited authority on money and cannot distribute it. Cole could, however, place the money in a teddy trust, THE Tutor Reports.

Britain-Detainment-Music-Award-Brits

Photo: Tolga Akmen / AFP via Getty Images

The tragic death of Payne in October sent shock waves through the music industry and among fans of a management after the 31 -year -old fell from a hotel on the third floor in Argentina. According to the prosecutors, a toxicology report has found cocaine, alcohol and antidepressants in its system at the time of his death. While the Argentinian authorities have accused three people – a friend and two employees of the hotel – in a guilty manslaughter, these accusations have since been abandoned. A hotel employee and a local server, on the other hand, are still accused of having provided cocaine to pay a few days before dying and facing 15 years in prison, according to CNN.

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