Jeffrey Epstein signed new will to shield $577m fortune days before death
Key Excerpts from Article on Website of The Guardian (One of the UK's leading newspapers)
Posted: September 23rd, 2019
The will that disgraced financier and sex offender Jeffrey Epstein signed just two days before his jailhouse suicide puts more than $577m in assets into a trust fund that could make it more difficult for his dozens of accusers to collect damages. This is the last act of Epsteins manipulation of the system, even in death, said attorney Jennifer Freeman, who represents child sex abuse victims. By putting his fortune in a trust, he shrouded from public view the identities of the beneficiaries, whether they be individuals, organizations or other entities. For the women trying to collect from his estate, the first order of business will be persuading a judge to pierce that veil and release the details. From there, the women will have to follow the course they would have had to pursue even if Epstein had not created a trust: convince the judge that they are entitled to compensation as victims of sex crimes. The judge would have to decide how much they should get and whether to reduce the amounts given to Epsteins named beneficiaries, who would also be given their say in court. Attorney Lisa Bloom, who represents several Epstein accusers ... said attorneys for the women will go after Epsteins estate in the US Virgin Islands, where the will was filed and where he owned two islands. Bloom said it was gross negligence on the part of Epsteins lawyers and jail personnel to allow him to sign a new will, given that he had apparently attempted suicide a short time before.
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