Philip Seymour Hoffman's Children Won't Grow Up "Trust Fund Kids"
According to court documents released yesterday, actor Philip Seymour Hoffman didn't leave any money to his children, because he didn't want them to be considered "trust fund kids." Instead, E! News reports, he left his entire $35 million estate to their mother, his longtime partner Mimi O'Donnell.
Hoffman died of a heroin overdose at his New York City apartment Feb. 2, and his accountant testified that the actor had confirmed his wishes for his estate as recently as a year ago.
David Friedman said that Hoffman "simply did not believe in marriage," but that O'Donnell was his wife in all but name. He said fact they weren't married "did not affect his affinity or relationship" with her. Although they reportedly separated in 2013, they had been together for 14 years.
Friedman said Hoffman trusted O'Donnell to raise their three children—Cooper, Tallulah, and Willa—with the money.
In a 2004 will, Hoffman indicated that he wanted his son—his daughters weren't yet born at that time—to grow up in a city with culture and art—i.e. Not Hollywood.
"It is my strong desire, and not direction to my guardian, that my son, Cooper Hoffman be raised and reside in or near the borough of Manhattan in the State of New York, or Chicago Illinois, or San Francisco, California," he wrote.
