Elizabeth Edwards Leaves Kids $1.5M Estate
They'll likely receive more in a trust she set up; no estate taxes, either
By Matt Cantor, Newser User
Posted Jan 7, 2011 12:30 PM CST
In this July 28, 2004 file photo, Cate Edwards, right, introduces her mother Elizabeth Edwards on stage during the Democratic National Convention in Boston.   (AP Photo/Elise Amendola, File)

(Newser) – Elizabeth Edwards’ three children are set to receive an estate worth almost $1.5 million, reports Raleigh's News & Observer. The family won’t have to pay estate tax because the law expired last year, when she died. Edwards owned two homes, one valued at $6.75 million and the other at $1.2 million, and she also was a best-selling author. If the figure seems relatively low, it might be because further assets are likely contained in a trust cited in probate documents. As reported earlier, the will doesn't even mention husband John.

More From Newser
My Take on This Story
To report an error on this story,
notify our editors.
Elizabeth Edwards Leaves Kids $1.5M Estate is...
Show results without voting
You Might Like
Showing 2 of 3 comments
Jan 7, 2011 1:22 PM CST
Think they should pay the taxes anyway, if they think they are such a great idea.
Jan 7, 2011 12:39 PM CST
Wow, her children are now thousandaires.