Overview
- Liam Payne died in October 2024 at age 31, leaving behind a £24.3 million estate after debts and expenses were settled.
- Under UK intestacy rules, Payne’s son Bear, now eight, is the sole heir, with Cheryl Tweedy and lawyer Richard Bray appointed as co-administrators.
- Tweedy intends to delay Bear’s access to the inheritance until he is at least 25 years old to ensure he can make informed financial decisions.
- The estate funds are planned to be invested by trustees during the interim, with potential for staged distributions in Bear’s late 20s and 30s.
- Tweedy’s decision reportedly aims to safeguard Bear’s future, fostering ambition and protecting him from undue external influence due to his financial situation.