• Blog Post

    JEFFREY EPSTEIN TRUST

    Millionaire financier Jeffrey Epstein killed himself on August 10, 2019 while in prison awaiting trial for charges including federal sex trafficking.  Shortly before his death, Epstein signed a pour-over will placing approximately $577 million in assets into a trust.  Many believe the creation of this trust was an attempt by Epstein to shield his vast wealth from civil lawsuits brought by his many accusers.  What is a pour-over will, and will Epstein’s attempt prove successful?   Pour-Over Wills   Pour-over wills are common tools for estate planning.  They are wills used in conjunction with a living trust.  When a settlor (the creator of a trust) creates a living trust, certain…