Jeffrey Epstein's Will Reveals Planned Millions in Payouts

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Newly released documents show that convicted sex offender Jeffrey Epstein had planned to distribute over $250 million of his wealth to at least 44 beneficiaries, including his last known girlfriend, lawyers, and associates, upon his death. The trust agreement, signed just days before his suicide in 2019, outlined the planned payouts, though the actual remaining estate is far less at around $127 million due to legal proceedings.

Why it matters

The revelation of Epstein's detailed will and planned payouts provides further insight into the complex web of relationships and financial dealings surrounding the disgraced financier, whose death sparked ongoing investigations and legal battles over his estate and assets.

The details

According to the trust agreement, Epstein planned to give $50 million to his last known girlfriend Karyna Shuliak, as well as several of his properties around the world. He also intended to give $50 million to his longtime lawyer Darren Indyke and $25 million to his accountant Richard Kahn, who were named as co-executors of the will. Epstein's associate Ghislaine Maxwell, who is currently serving a 20-year prison sentence, was set to receive $10 million, as was Epstein's brother Mark and his longtime pilot Larry Visoski. Several other unnamed beneficiaries were also slated to receive millions each.

• Epstein executed and signed the will on August 8, 2019, just two days before he died by suicide in his Manhattan jail cell.
• The will was later signed by Epstein's lawyer Darren Indyke on August 18, 2019, eight days after Epstein's death.
• Epstein's accountant Richard Kahn signed the will the following day on August 19, 2019.

What’s next

The Justice Department says it is making 'substantial progress' reviewing additional Epstein files for release, which could shed further light on the distribution of his assets and the ongoing legal proceedings surrounding his estate.