Advertisement

Seymour Hoffman didn’t want ‘trust fund kids’

Late actor Philip Seymour Hoffman refused to set aside money for his children in his will because he didn’t want “trust fund kids”.

The Oscar winner, who died of a drug overdose in February, instead decided to leave his $35 million fortune to his long-term girlfriend, according to a New York Post report.

 Philip Seymour Hoffman: a short life
• Four arrests in Hoffman death drug probe

According to court documents, Hoffman refused to leave money for his children, despite his accountant advising him to, because he “did not want his children to be considered ‘trust fund’ kids.”

Hoffman believed that his girlfriend, costume designer Mimi O’Donnell, who is also the children’s mother, would look after the three children.

It is alleged that Hoffman was kicked out of the $4.2 million family home by O’Donnell before his death because of his drug addiction.

The 46-year-old actor also requested in his will that his children grow up in cultural hubs.

“It is my strong desire [that] my son, Cooper Hoffman, be raised and reside in or near the borough of Manhattan [or] Chicago, Illinois, or San Francisco, California,” he wrote.

“The purpose of this request is so that my son will be exposed to the culture, arts and architecture that such cities offer.”

The will was written in 2004 before the birth of his two daughters.

Stay informed, daily
A FREE subscription to The New Daily arrives every morning and evening.
The New Daily is a trusted source of national news and information and is provided free for all Australians. Read our editorial charter
Copyright © 2024 The New Daily.
All rights reserved.