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 Staff

Posted Jan 7, 2011 12:30 PM CST

(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.

In this July 28, 2004 file photo, Cate Edwards, right, introduces her mother Elizabeth Edwards on stage during the Democratic National Convention in Boston.
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)
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