Jeffrey Epstein signed a will simply two days earlier than he killed himself within the Manhattan federal jail, new court docket data present, opening a brand new authorized entrance in what may very well be a yearslong battle over the financier’s fortune.
Courtroom papers filed final week within the U.S. Virgin Islands listing no particulars of beneficiaries however put the property at greater than US$577 million, together with greater than US$56 million in money.
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The existence of the desire, first reported by the New York Put up, raised new questions on Epstein’s ultimate days contained in the Metropolitan Correctional Middle, the place he was awaiting trial on federal intercourse trafficking and conspiracy fees.
His signing of the doc foreshadowed his Aug. 10 suicide, a jailhouse demise that has prompted a number of federal inquiries and solid a harsh mild on staffing shortages on the Manhattan facility.
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Prosecutors on Monday moved to dismiss the indictment in opposition to Epstein however have mentioned they’re contemplating charging others with facilitating his alleged abuse of dozens of ladies.
The submitting of the desire, in the meantime, had been carefully adopted by attorneys representing girls who declare they have been sexually abused by Epstein after they have been youngsters and recruited into his residences to supply him massages.
A number of attorneys vowed to go after his property even when the desire had named beneficiaries, as Epstein’s demise means there will likely be no trial on the prison fees in opposition to him. One girl filed go well with in opposition to the property final week, claiming Epstein repeatedly raped her when she was a young person.
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“Give his whole property to his victims. It’s the solely justice they’ll get,” a type of attorneys, Lisa Bloom, wrote in an e-mail. “They usually deserve it. And on behalf of the Epstein victims I symbolize, I intend to struggle for it.”
Former federal prosecutor David S. Weinstein, who’s now in non-public apply in Miami however not concerned within the Epstein case, mentioned states and U.S. territories have sure timeframes inside which to make a declare in opposition to somebody’s property.
“There are definitely going to be a whole lot of attorneys concerned,” Weinstein mentioned. “It’s not going to be over any time quickly.”
A hedge fund supervisor who hobnobbed with the wealthy and well-known, Epstein owned a Caribbean island, properties in Paris and New York Metropolis, a New Mexico ranch and a fleet of high-price vehicles.
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Epstein had greater than US$112 million value of equities, based on the desire, and practically US$200 million in “hedge funds & non-public fairness investments.” Among the many properties that will likely be topic to appraisal and valuation are his assortment of advantageous arts, antiques and different collectibles.
As a part of his 2008 plea deal to Florida state fees, Epstein made undisclosed monetary settlements with dozens of his victims. It’s unclear how these settlements would possibly have an effect on any claims made on his property.
William Blum, an lawyer for Epstein’s property, mentioned in an announcement to The Related Press that any money owed or claims in opposition to the property will likely be “pretty administered.” He mentioned the doc was Epstein’s authentic final will.
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