Hoffman didn’t want kids spoiled by wealth
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It likely will surprise some to learn that the estate of the late, great actor Philip Seymour Hoffman is estimated to be approximately worth some $35 million.
The Oscar winner, who died of a drug overdose earlier this year, was known for living quite frugally — but clearly invested his film salaries well.
At any rate, Hoffman’s accountant David Friedman revealed to the actor’s lawyer James Cahill, Jr. that Hoffman did not want his three children to become “trust fund kids.” Instead, the entire estate is being left to Hoffman’s longtime partner, Mimi O’Donnell, the mother of the couple’s son Cooper and daughters Tallulah and Willa.
In a Manhattan Surrogate Court filing, Cahill reported Friedman “recalled conversations with [Hoffman] in the year before his demise where the topic of a trust was raised for the kids and summarily rejected by him.”
Hoffman was confident that O’Donnell would adequately provide for their children.
Hoffman will be back on the big screen this Friday in his last principal starring role in the spy thriller, “A Man Most Wanted,” based on the John le Carre novel.