Cheryl Cole will manage the fortune left by Liam Payne as a legal guardian of their son, Bear, eight, according to People. The singer of the One Direction, who died in October 2024, had not written a will and was at the head of a fortune of 28.2 million euros.
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The mother of the eight -year -old boy will supervise her succession alongside the lawyer for the music industry Richard Mark Bray, according to court documents obtained by People magazine.
-Liam Payne’s goods amount to around 28.2 million euros after deduction of debts and expenses, according to documents. The two testamentary executors received only a limited authorization to manage the money until a general authorization is granted, according to the court documents consulted by the BBC. In the meantime, the singer of Girls Aloud and the lawyer will not be able to distribute funds from the estate.
Liam Payne died on October 16 at the age of 31 after having accidentally fell from the balcony of a third floor hotel in Buenos Aires, Argentina. The cause of death was determined as multiple traumatic injuries with internal and external hemorrhage. A toxicological report revealed the presence of drugs in the body at the time of his fall, which led the authorities to open an investigation into his death.
Liam Payne and Cheryl Cole met when he was only 14 years old and he auditioned for The X Factor. They set out in a relationship ten years later, from 2016 to 2018.