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Gene Hackman’s $80 Million Estate Faces Uncertainty After His and Wife’s Deaths

The actor’s will named his wife as sole heir, but her earlier death complicates the estate's succession.

FILE - Actor Gene Hackman arrives with his wife, Betsy Arakawa, for the 60th Annual Golden Globe Awards in Beverly Hills, Calif., Sunday, Jan. 19, 2003. (AP Photo/Mark J. Terrill, File)
Gene Hackman and wife Betsy Arakawa during "The Chamber" Los Angeles premiere at The Academy on October 2, 1996 in Beverly Hills, California.
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Overview

  • Gene Hackman, 95, and his wife Betsy Arakawa, 64, were found deceased at their Santa Fe ranch in February; Hackman died from heart disease with Alzheimer's as a contributing factor, while Arakawa passed from hantavirus pulmonary syndrome.
  • Hackman’s will, dated 2005, named Arakawa as the sole beneficiary of his estate and trustee of the Gene Hackman Living Trust, but her earlier death raises questions about the estate's next heirs.
  • Court filings indicate Hackman’s three adult children, from his first marriage, are now the closest living relatives and potential heirs to his estate.
  • Arakawa’s will directed her estate to the Gene Hackman Living Trust, with a charitable trust as a secondary option if Hackman did not survive her by 90 days.
  • Hackman’s estate, valued at approximately $80 million, includes provisions for charitable contributions, reflecting the couple’s shared philanthropic interests.