Court Docs: Philip Seymour Hoffman Did Not Want ”Trust Fund’ Kids’
(NEW YORK) — Philip Seymour Hoffman didn’t want his children living off of his success.
The actor opted not to set aside money for his kids, reports the New York Post, citing recently filed court documents. The papers state the Oscar winner “did not want his children to be considered ‘trust fund’ kids.”
Hoffman, who died of a drug overdose at the age of 46 in February, is survived by three children: Willa, who is 5; Tallulah, who is 7; and Cooper, who is 10.
Court-appointed attorney James Cahill Jr., who was brought in to protect the interests of Hoffman’s kids in his estate proceeding, recently interviewed the late actor’s accountant, David Friedman.
Cahill says in the Manhattan Surrogate’s Court filing that Friedman told him he “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.”
Instead, Hoffman wanted his estimated $35 million fortune to go to his longtime girlfriend and the kids’ mother, Mimi O’Donnell. According to the filing, Friedman said Hoffman told him he believed O’Donnell would “take care of the children.”
Cahill also noted in the filing that “Friedman also advised that he observed Hoffman treating his partner/girlfriend…in the same manner as if she were a spouse.” Hoffman explained to the accountant that he “simply did not believe in marriage.”
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