Epstein's will highlights key role of his longtime attorney
Jeffrey Epstein named his longtime lawyer as one of the executors of a will that was created two days before 66-year-old’s death.
The last will and testament of the convicted sex offender and accused sex trafficker named lawyer Darren K. Indyke as one of executors of the will, and stated that he would be paid $250,000 “upon the completion of probate of [Epstein’s] estate.”
The will didn’t list any beneficiaries and directed all of Epstein’s assets to be placed into a trust called The 1953 Trust.
Epstein’s estate, according to court papers filed in Virgin Islands and first obtained by the New York Post, showed that he was worth more than $577 million when he died.
Epstein signed the will on August 8th. He died two days later, while awaiting trial.
Indyke accepted his appointment as an executor on the 15th, alongside Richard D. Kahn.
Epstein’s will highlights role of Indyke
An in-depth Yahoo Finance investigation previously revealed Indyke’s deep ties to Epstein, both business and personal.
The findings suggest that Epstein was by far Indyke’s biggest client. In fact, Yahoo Finance was unable to find records of their work with any clients other than Epstein or his associates.
Indyke’s signature appears on numerous filings: Epstein’s trusts, entities, business dealings, and so on.
A 54-year-old Long Island native, Indyke has been by Epstein’s side since at least 1995, according to public records. He declared himself a Florida resident in Epstein’s will.
When Epstein served 13 months at the Palm Beach County Stockade and was allowed to work (as part of a liberal work-release arrangement), Indyke’s signature appeared on the work release agreement as Epstein’s employer, according to documents reviewed by Yahoo Finance.
Epstein had arranged to work at The Florida Science Foundation, a not-for-profit, which was actually registered by Indyke in November 2007 — just after Epstein signed the non-prosecution agreement that allowed for his liberal prison arrangement.
Additionally, Indyke had also visited Epstein at least 38 times, according to a jail log.
And based on a 2010 deposition, Epstein's pilot, Larry Visoski, believed Indyke was the person who called him on the phone and said Epstein wanted him to visit him to visit the county jail. Visoski then made multiple visits thereafter, according to the aforementioned jail logs.
Epstein’s estate is worth $577,672,654, according to the will. The majority of those funds apparently came from hedge funds and private equity investments.
Check out the full Yahoo Finance investigation >
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Aarthi Swaminathan is a writer at Yahoo Finance. aarthi@yahoofinance.com
Read more:
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