Philip Seymour Hoffman Leaves $35 Million Fortune to Girlfriend, Didn't Want Kids to Be 'Trust Fund' Children

Philip Seymour Hoffman
Philip Seymour Hoffman
His death will not affect The Hunger Games. Read More »

Philip Seymour Hoffman, who died in February at age 46 because of a drug overdose, left none of his estimated $35 million to his children. Hoffman didn’t want them to become "trust fund kids."

He instead left his fortune to the kids’ mother and his longtime girlfriend, Mimi O’Donnell.

The attorney appointed to represent the interests of the three children, ages five, seven, and ten, interviewed the Oscar-winner’s accountant, David Friedman. He said Hoffman repeatedly rejected his recommendations, in the year before his death, to allocate funds for his children.

The documents also reveal Hoffman wanted O'Donnell to be given spousal rights even though they were not married, with Friedman stating that the actor "simply did not believe in marriage".

Hoffman did not want his kids to be raised as "trust fund kids" and trusted O’Donnell to "take care of the children." The will had been written in 2004, before the two youngest were born.

He included in his will the request that his son grow up in either New York, Chicago or San Francisco.

"It is my strong desire [that] my son, Cooper Hoffman, be raised and reside in or near the borough of Manhattan [or] Chicago, Illinois, or San Francisco, California," he said in the will.

It was written in 2004 before the births of his two daughters.

"The purpose of this request is so that my son will be exposed to the culture, arts and architecture that such cities offer," he wrote.

 

 
 

Discuss

Default avatar