Mason & Helmers
We Welcome Your Call
  • Phone 651-323-2548
  • Toll Free 877-389-5533

Hugh Hefner's wife left out of his estate plan


Hugh Hefner, the founder of the Playboy media empire, recently died at the age of 91. Minnesotans who were familiar with the mogul's life may remember that he married his third wife in 2012 and she was around 60 years younger than him. In addition to his wife, Hefner is survived by four children from his prior marriages.

Details regarding Hefner's will and estate plan have recently been made public and one very interesting fact is dominating many headlines - Hefner's young wife is not included as a beneficiary under his will. In lieu of allowing his wife to collect from his multi-million dollar fortune, Hefner elected to leave his wealth to his kids, the University of Southern California film school and a variety of charitable organizations.

Insights into this apparently strange omission may be gleaned from a document Hefner and his wife created prior to their wedding. The couple executed a prenuptial agreement before joining together in marriage and it is possible that, through their prenup, the couple came to an agreement regarding how she would be supported in the event of their divorce or his death.

It is often the case that when one partner to a marital couple dies the other will inherit the bulk or all of the decedent's estate. In this case, special care was taken to prohibit a spouse from becoming a beneficiary under her husband's will and, therefore, eliminating her chances of inheriting his vast wealth. As this estate planning story continues to unfold, readers will have to see if any challenges are made to the validity of Hefner's last will and estate plan.

Source: refinery29.com, "Who Will Inherit Hugh Hefner's Fortune?," Natalie Gontcharova, Sept. 28, 2017

No Comments

Leave a comment
Comment Information

For Assistance with Estate Disputes & Other Matters, Contact Us

To learn more about the firm and how we can assist you,
contact Mason & Helmers in St. Paul, Minnesota. Call 651-323-2548 or 877-389-5533 (toll free) to set up an appointment.

*AV®, AV Preeminent®, Martindale-Hubbell Distinguished and Martindale-Hubbell Notable are certification marks used under license in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell® is the facilitator of a peer review
rating process. Ratings reflect the anonymous opinions of members of the bar and the judiciary. Martindale-Hubbell® Peer Review Ratings™ fall into two categories — legal ability and general ethical standards.

Contact Our Attorneys

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Email Us For A Response
Mason & Helmers

Mason & Helmers
332 Minnesota Street
Suite W-3070
St. Paul, MN 55101

Toll Free: 877-389-5533
Phone: 651-323-2548
St. Paul Law Office Map