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.

 

My Take on This Story
Show results without voting  |  
7%
1%
3%
0%
87%
1%