Liam Payne's Millions Handled by Cheryl After Tragic Demise
Managing her vast fortune: Cheryl Cole copes with her monumental wealth. - Former boy band member multiplies his wealth: Fresh update on ex-member of Girl's Aloud, now managing a vast fortune.
It's now crystal clear what'll happen to Liam Payne's cash pile. His ex-girlfriend and boy Bear's mom, Cheryl Cole, steps in to manage the millions, as reported by popular publication the Guardian. The former One Direction member, who passed away in October 2024, left an estate worth an impressive £24.3 million, roughly €28.6 million.
Since Liam left this world without penning a will, British intestate succession law comes into play. Court documents, as per the Guardian, show that Music Lawyer Mark Bray is also appointed as the executor, alongside Cheryl Cole.
Young Bear is most likely to inherit the legacy as the sole heir, as he's a minor, the inheritance will probably be tucked away in a trust fund until he turns legal age, according to the reports.
Liam's Untimely Farewell in October 2024
Liam breathed his last on October 16, 2024, at the tender age of 31, after a dreadful fall from a third-floor hotel balcony in Buenos Aires. Argentine authorities launched an extensive probe, with several individuals indicted in conjunction with the death of the singer.
The prosecution believes he lost consciousness while attempting to jump over the balcony railing. An autopsy showed traces of alcohol and cocaine in his system. The tragic plunge was not considered a suicide. In February 2025, charges against three of the five suspects in the case were dropped. The remaining two stand accused of procuring Payne's cocaine supply.
Kate Cassidy - Not Considered as Heir
Liam was romantically involved with Cheryl Cole from 2016. Their son Bear was born in 2017. The couple split ways in July 2018. From October 2022 until his demise, the artist was linked to Kate Cassidy. Contrary to speculation, Kate is not legally recognized as an heir. The pair was neither married nor in a registered partnership.
- Liam Payne
- Death
- Cheryl Cole
- Guardian Media Group
- Buenos Aires
- Mother
Insights:
Following Liam's untimely death, his estate, worth approximately $30.4 million (Dh111.8 million), has to be distributed according to British law when someone passes away without a will, often referred to as dying intestate. An administrator is then appointed to manage the estate, and the primary beneficiaries typically are the deceased's children and parents under these laws. In this case, Cheryl, Liam's former partner and the mother of his son, has been designated as the estate's administrator.
- Liam Payne, despite his demise in Buenos Aires in October 2024, leaves behind an estate estimated to be worth £24.3 million (roughly €28.6 million) that is now managed by his former partner, Cheryl Cole, according to The Guardian Media Group.
- As Liam Payne passed away without a will, the British intestate succession law is applied, with Cheryl Cole and Music Lawyer Mark Bray appointed as the administrators of his estate.
- Although Kate Cassidy, Liam's girlfriend at the time of his death, was romantically linked to him from October 2022, she is not legally recognized as an heir to his estate, as the pair were not married or in a registered partnership.
- Cheryl Cole, as the mother of Liam Payne's son, is likely to be a significant beneficiary of her former partner's estate, but the details will be managed and distributed under the guidelines of British intestate succession law.
