It was shocking when we heard the news that Liam Payne had fallen from a hotel balcony and died. There were a lot of questions as to why it happened and who was to blame, but there was also something else going on in the background.
Liam Payne, star of One Direction, may have passed away, but his legacy lives on in his eight-year-old child. That child, named Bear, is reportedly the recipient of his father’s entire $32 million fortune.
Radar Online reports that his son is receiving the entire fortune from him. Bear’s mother, and Liam Payne’s former lover, was left without a penny. That being said, reports also say that she was granted the power of administration over his estate when he died in October.
Since there was no will when Liam Payne passed away, it was declared intestate. In other words, his girlfriend was an unwed parent. His estate, since he didn’t have a will, would be shared among any of his children.
This would put the entire $32 million fortune in a trust for Bear. According to a source who was close to Liam Payne, it’s a small consolation that his son will never have to wish for anything, and he’ll be looked after in a very good way.
His mother has also confirmed that she would make sure that Bear received the money when he came of age. She was going to wait until that time to prevent the misuse of the money.
It’s just one more way that Liam showed his love and concern for his child, because she was always worried about him.
