Gene Hackman passed away in Santa Fe, New Mexico, leaving behind a significant estate that has raised questions about his inheritance. Gene’s will, which excluded his three adult children and left everything to his wife, who had also passed away before him, has sparked curiosity about the fate of his reported $80 million fortune.
Gene Hackman, a two-time Academy Award winner, died in February at the age of 95 due to severe cardiovascular disease. His wife, Betsy, passed away in their mansion at least a week before him from hantavirus pulmonary syndrome. The couple, who had been married for 30 years, had no children together. Gene had three children from his previous marriage, but his will did not include them as beneficiaries.
It was revealed that Betsy’s will also left most of her assets to Gene, with a provision stating that if they died within 90 days of each other, all of her assets would go to charity. Gene had established a trust, which will ultimately determine the distribution of his assets. While details of the trust are not public, there is a possibility that Gene’s adult children could still receive a portion of his estate.
In a 1995 agreement, Gene appointed Betsy as the successor trustee of the GeBe Revocable Trust. Following the death of the attorney appointed as an executor in the event of Betsy’s passing in 2019, Julia Peters was named as Gene’s second successor for estate representation. Peters filed court documents alongside Gene’s will, identifying his three children as heirs and was deemed the informal personal representative of Gene’s estate.
The future of Gene Hackman’s estate remains uncertain, as his trust will ultimately determine the distribution of his reported $80 million fortune. Despite being excluded from his will, there is a possibility that his adult children could still receive a portion of his assets. The details of Gene’s trust remain undisclosed, leaving many questions regarding the final distribution of his inheritance.
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