Liam Payne’s son Bear is set to inherit a massive £21 million fortune from his late father when he’s older. The nine-year-old is believed to be the sole beneficiary of the One Direction star’s entire fortune. But it’s thought it will be put into a trust until he is an adult.
Mum Cheryl Tweedy and music lawyer Richard Bray – who has also represented stars like Ed Sheeran – are said to have been granted power of administration in legal documents related to Liam’s estate.
According to the Daily Mail, newly released probate documents lodged with the High Court show that Liam’s estate can be used immediately to ‘benefit’ Liam and Cheryl’s son, whose full name is Bear Grey Payne.
3View 3 ImagesBear’s mum Cheryl will look after the money until he is older(Image: Getty Images )
3View 3 ImagesLiam’s girlfriend Kate Cassidy may not get anything from his estate(Image: Dave J. Hogan/Getty Images)
Sources close to Cheryl told the publication that the Girls Aloud star will “always do the right thing by her beloved son”.
Speaking about Bear’s inheritance, the source said: “It’s a small consolation that Bear will never want for anything, that he will at least benefit from that.
“Liam had some very sensible people around him for a time and he adored Bear so much. He always wanted to do the right thing by him financially.”
The Sun added that court documents including the new Letters of Administration means that parts of the estate can potentially be spent to help Bear now, while the remainder of the fortune will be placed in trust for him until he is 18 years old.
But Kate Cassidy – Liam’s girlfriend at the time of his tragic death aged just 31 – may not get anything as they were not married or in a civil partnership. She claimed that they did plan to marry before he fell to his death from a hotel balcony in Buenos Aries in October 2024.
Sharing a tribute to Liam shortly after his death, Kate revealed how the couple were “manifesting their lives together” in the weeks before he died. He is even said to have written her a note saying he wanted to marry her within a year.
Calling him the “love of her life”, Kate penned on Instagram: “Liam, you had the kindest soul and the most fun-loving spirit. It feels like I’ve lost the best part of myself. I can’t imagine a day without your laughter and love. You brought so much light into my life.”
She continued: “A few weeks ago, we sat outside on a beautiful evening manifesting our lives together. I keep your note close, even though you told me not to look at it. It said, “Me and Kate to marry within a year/engaged & together forever 444.” Liam, I know we’ll be together forever, but not in the way we had planned. You’ll always be with me. I’ve gained a guardian angel.”
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Concluding her heart breaking post, Katie wrote: “I will love you for the rest of my life and beyond, carrying our dreams and memories with me everywhere I go. Forever yours, Katelyn 444.” The angel number, 444, conveys a message of love, support as well as guidance from your angels.
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