Liam Payne #6

[KYLIE]

Tbf he was the 'least famous' in the band and had the lowest post-1D success that peaked for a short while and then dropped off the radar very quickly. It's also been just shy of 10 years since the band split, it's not surprising that his main bulk of money was not the huge amount expected by many. He was still ultra-wealthy tho lol

Sydney Sweeney did a good interview about the 'cost' of success/fame in 2022, saying that being in the industry as someone famous is expensive, there are many outgoings that celebrities have in order to stay famous, hence why most of them become the 'face of' something. I'll add it here (it's from 2022 when she wasn't half as famous as she is now, but very interesting insights, and relevant to Liam too. He just wasn't in demand like the others and didn't have a strong solo career at all aside from a few singles.


“I don’t have someone supporting me, I don’t have anyone I can turn to, to pay my bills or call for help.” Surely HBO paychecks afford a lifestyle immune from rising gas prices? “They don’t pay actors like they used to, and with streamers, you no longer get residuals,” Sweeney notes. “The established stars still get paid, but I have to give 5 percent to my lawyer, 10 percent to my agents, 3 percent or something like that to my business manager. I have to pay my publicist every month, and that’s more than my mortgage.” It’s not that she wants people to feel badly for her, but she is adamant that the luxuries of the job not gloss over the realities of the business. To stay relevant as a young actress, particularly one so deeply entrenched in and reliant on the internet generation, requires investment. There’s a lot of press to do, and the associated costs — styling, tailoring, hair and makeup, travel — aren’t always covered by a network. She says this is what motivated her pivot into brand deals, taking gigs as a Miu Miu ambassador and starring in an Armani beauty campaign: “If I just acted, I wouldn’t be able to afford my life in L.A. I take deals because I have to.”

 

[KINGAA]

It used to say he had a £55mil fortune so where is the other 20 odd mil? Businesses, trusts, houses maybe? Im hoping if he did have the 50odd mil as stated numerous times that he already gave some to family and they have a nice little nest egg that was gifted to them by Liam and i already in their own names, own banks & homes from him prior to his death, so they can be ok trhough their life, as he did seem to really care for and take care of his family financially, and would have continued doing so if he was still alive.

He lived a drug fuelled lifestyle unfortunately, it’s an expensive lifestyle. 1D royalties would be next to nothing now and he also rented a lot of his homes which isn’t cheep and I imagine he funded a lot of his music stuff. He had more outgoings and anything coming in

We don’t know if he cared as such, I don’t trust the dreaded book at all and I took with a pinch of salt but it implied that his family used him and it was a difficult relationship at times.

 

[MammaTubbs]

Even just the properties, we know for definite he was paying for his place in Chalfont, Cheryl's, his penthouse in London, and the place in Florida, all alongside regular hotel stays, most likely in top suites, rented villas etc.

That's a substantial amount per month, especially as he'd been paying the first three for some time.

Add onto that the speculation he's paid for properties for his parents and siblings, that's a hefty amount of outgoings, before anything else is taken into account.

Still the amount left to Bear is nothing to be sniffed at, especially if it's invested wisely.
However I'm sure he'd likely give it all up if it meant having his father back, bless him.

 

[peachesncreammm]

I used to work for a will writing company which offered storage of your will so that everyone knew where it was, it couldn’t be tampered with etc.

I could be completely off the bat here but I half wonder if a will did exist that maybe had a small fortune going to Kate/Roger or whoever, but perhaps was located by the Paynes/Cheryl who decided to “lose it” or get rid of it so that those wishes wouldn’t be carried out. Not because of greed but just because of the circumstances after his death. It to me just seems extremely unlikely for a man of his fortune to not have anything in place should something happen, especially with a child.

 

[Libertine1975]

I used to work for a will writing company which offered storage of your will so that everyone knew where it was, it couldn’t be tampered with etc.

I could be completely off the bat here but I half wonder if a will did exist that maybe had a small fortune going to Kate/Roger or whoever, but perhaps was located by the Paynes/Cheryl who decided to “lose it” or get rid of it so that those wishes wouldn’t be carried out. Not because of greed but just because of the circumstances after his death. It to me just seems extremely unlikely for a man of his fortune to not have anything in place should something happen, especially with a child.

He could have had a will prepared and not signed it. I've seen that happen before. More likely if he was in and out of the country.

Maybe people will actually take a lesson from this a bleeping write a Will. Unfortunately we are all going to die and we don't know when surely it's better safe than sorry...

 

[MammaTubbs]

Even passing away intestate, his will if he'd wrote one potentially would have had the same outcome.

In the Logan Paul interview, (albeit he was drinking during it, so it could be argued he was not entirely compus mentis ) he says something along the lines of how all his money was Bears.

Potentially he may made smaller bequests to his parents, sisters, niece and nephew, if he had actually completed a will, but it sounds like he always intended the majority at least for his son.

 

[FentonLeigha84]

Its saying in some articles wills are public, is that true? If so, I don't want to see it as I think it's very invasive and people should have their privacy but in this case I'm surprised none had found the actual "public" document and printed it, makes me wonder if the news is really true or if that's just what they - Liam's family, Cheryl & PR are putting out there for people to think. Good on them if they have, to keep all details private.

He did seem a generous person with his family. It doesn't come across they used him. He seemed very close with them all and watching videos etc he had them around a lot particularly in between his relationships, almost like he needed to have someone around 24/7. In recent interviews - the CEO podcast & then Logan Paul podcast he does seem to harbour a bit of resentment towards his dad re: his dad's dream of him being a solo singer but I can't see him not gifting some money to his mum & sisters to ensure they are alright for rest of their life's just because he might resent the dad a bit? I also wonder if his lack of closeness to his dad in his final months was partly due to Rogers influence over him and the hangers on he seemed to have got himself attached to. Maybe they said negative things about the dad & family using him? Still, I really can't fathom someone like him NOT having a will written up at some point even if it's from years back when he did have a very serious, sensible, old soul, Ross friends personality.

 

[Tofino]

Its saying in some articles wills are public, is that true? If so, I don't want to see it as I think it's very invasive and people should have their privacy but in this case I'm surprised none had found the actual "public" document and printed it, makes me wonder if the news is really true or if that's just what they - Liam's family, Cheryl & PR are putting out there for people to think. Good on them if they have, to keep all details private.

He did seem a generous person with his family. It doesn't come across they used him. He seemed very close with them all and watching videos etc he had them around a lot particularly in between his relationships, almost like he needed to have someone around 24/7. In recent interviews - the CEO podcast & then Logan Paul podcast he does seem to harbour a bit of resentment towards his dad re: his dad's dream of him being a solo singer but I can't see him not gifting some money to his mum & sisters to ensure they are alright for rest of their life's just because he might resent the dad a bit? I also wonder if his lack of closeness to his dad in his final months was partly due to Rogers influence over him and the hangers on he seemed to have got himself attached to. Maybe they said negative things about the dad & family using him? Still, I really can't fathom someone like him NOT having a will written up at some point even if it's from years back when he did have a very serious, sensible, old soul, Ross friends personality.

Yes it’s true, you apply here. https://www.gov.uk/search-will-probate


The argument for them being made public is to ensure transparency, any interested parties can make a claim or contest it (this isn’t just family but creditors too).

It’s all very well thinking family members / administrators/ executors will always act fairly but it’s amazing how people can change when large amounts of money is involved or people realise they are getting none.

People can apply to the courts to keep it sealed - Prince Philip was a recent one that was reported on - but this was to protect the privacy of The Queen rather than him. But I think it’s rare courts will do this.

some interesting articles about it

Why are wills still public?

wslaw.co.uk

Is a will a public document?

This guide explains when your will can become public, and what to do if you want to keep some of your wishes private.

farewill.com

 

[Libertine1975]

Its saying in some articles wills are public, is that true? If so, I don't want to see it as I think it's very invasive and people should have their privacy but in this case I'm surprised none had found the actual "public" document and printed it, makes me wonder if the news is really true or if that's just what they - Liam's family, Cheryl & PR are putting out there for people to think. Good on them if they have, to keep all details private.

He did seem a generous person with his family. It doesn't come across they used him. He seemed very close with them all and watching videos etc he had them around a lot particularly in between his relationships, almost like he needed to have someone around 24/7. In recent interviews - the CEO podcast & then Logan Paul podcast he does seem to harbour a bit of resentment towards his dad re: his dad's dream of him being a solo singer but I can't see him not gifting some money to his mum & sisters to ensure they are alright for rest of their life's just because he might resent the dad a bit? I also wonder if his lack of closeness to his dad in his final months was partly due to Rogers influence over him and the hangers on he seemed to have got himself attached to. Maybe they said negative things about the dad & family using him? Still, I really can't fathom someone like him NOT having a will written up at some point even if it's from years back when he did have a very serious, sensible, old soul, Ross friends personality.

Wills are only published if they go through probate so after someone has died not whilst someone is alive.

 

[LadyWeatherwax]

I've just had an interview with Liam pop up on one of my feeds. He was asked who he would like to collaborate with, and he replied "I can think of four people...".

I'm not at all convinced a 1D reunion was even close to being on the cards, but it made me very sad that now he can't be part of it. Poor lad.

 

[KINGAA]

I do feel for his family and Kate that all the press are saying is that he loved and trusted Cheryl over everyone and that’s why nothing was left… she became administrator because Bear is a child, not because of any other reason.

I think they’re being cruel to everyone, leave him alone already

 

[FentonLeigha84]

I do feel for his family and Kate that all the press are saying is that he loved and trusted Cheryl over everyone and that’s why nothing was left… she became administrator because Bear is a child, not because of any other reason.

I think they’re being cruel to everyone, leave him alone already

Same, I feel for his family. He clearly took care of them so I'm hoping he has given them money in to their banks and when buying them houses put them in their name not his do they have some sort of financial security as I'm sure if he did write a will there would be a percentage going to parents, sisters & his niece and nephew. Had he lived in sure he would have secured his niece & nephew education etc. he said in many interviews he loved taking care of others esp family.

Cheryl's name in news articles since his death have been nauseating and im sure her pr have had some spin on it - which is sickening in a way. She is the mother of his only child that's why she gets to be trustee or whatever, that's why his family allowed her to have some say - if she had any - in his funeral. The papers reporting as if she was only person he trusted, the only person who would take care of things. They even said it was because of her that the 1D boys spoke at the wake, she healed the rift and got them all together. There's no way he appointed her in charge while alive but never made an actual will. She's been appointed after his death and obviously not by him. Why they keep spinning it as if he done that while alive is beyond me. Why her pr are using this sad situation to paint her as a saint is beyond sickening too. They could keep their pr out of any stories involving Liam's death.

His poor family who loved him his whole life unconditionally being cast aside yet keeping dignified silence, while cheryl who only "loved" (used) him conditionally for a very brief period to get what she wanted - a baby - then cast him aside is romanticized as his 1 true love and saviour only because she managed to manipulate a situation and get a baby out of him 8 yrs ago.

 

[GrilledCheese]

I think the right thing to do would be for Cheryl to give the family some of the money intended for bear. Liam would've wanted them to have money to support them and their kids, not just bear. He was close to his family and it's clear they never exploited him like some of the other boys siblings. Even if she can't access the money until bears 18, she could easily do it herself from her own money. Maybe I'm being too naive but she will most likely have more money than the Paynes combined and it won't hurt her to help them. It's not like she or bear will be struggling when he's 18

 

[Ridandroo]

I think the right thing to do would be for Cheryl to give the family some of the money intended for bear. Liam would've wanted them to have money to support them and their kids, not just bear. He was close to his family and it's clear they never exploited him like some of the other boys siblings. Even if she can't access the money until bears 18, she could easily do it herself from her own money. Maybe I'm being too naive but she will most likely have more money than the Paynes combined and it won't hurt her to help them. It's not like she or bear will be struggling when he's 18

She doesn’t have to give them a penny. If he did want that, he would have written a will. He even stated himself that everything would go to Bear. Cheryl is well off enough to provide for Bear without Liam’s money anyway. I’m sure his family have already been looked after financially.

 

[Tofino]

I think the right thing to do would be for Cheryl to give the family some of the money intended for bear. Liam would've wanted them to have money to support them and their kids, not just bear. He was close to his family and it's clear they never exploited him like some of the other boys siblings. Even if she can't access the money until bears 18, she could easily do it herself from her own money. Maybe I'm being too naive but she will most likely have more money than the Paynes combined and it won't hurt her to help them. It's not like she or bear will be struggling when he's 18

I don’t think that’s her responsibility at all. And I’m no Cheryl fan. If she wants and chooses to, great, but I certainly don’t think it would be ‘the right thing to do’ because it’s not wrong if she doesn’t. She may already be supporting multiple members of her own family.

Presumably Liam has helped his family somewhat over the years and anything gifted to them in the last 7 years (over £3k per year I think) will be subject to inheritance tax now, which will reduce what Bear receives anyway. And if he has been very generous so far then they are hardly going to find themselves homeless or struggling to pay bills.

If Liam wanted to support other family members after he died he should have done a will. He didn’t, and that’s on him, not Cheryl.

 

[FentonLeigha84]

I don’t think that’s her responsibility at all. And I’m no Cheryl fan. If she wants and chooses to, great, but I certainly don’t think it would be ‘the right thing to do’ because it’s not wrong if she doesn’t. She may already be supporting multiple members of her own family.

Presumably Liam has helped his family somewhat over the years and anything gifted to them in the last 7 years (over £3k per year I think) will be subject to inheritance tax now, which will reduce what Bear receives anyway. And if he has been very generous so far then they are hardly going to find themselves homeless or struggling to pay bills.

If Liam wanted to support other family members after he died he should have done a will. He didn’t, and that’s on him, not Cheryl.

Clearly didn't read it or comprehend what I wrote as I never said it was on Cheryl at all. Just said I feel for his family who really loved him his whole life and pointed out he didn't appoint Cheryl in charge of trust while alive, she's got it through default cos he didn't do a will. I also never said anything about her giving his family money from his inheritance either.

 

[GrilledCheese]

She doesn’t have to give them a penny. If he did want that, he would have written a will. He even stated himself that everything would go to Bear. Cheryl is well off enough to provide for Bear without Liam’s money anyway. I’m sure his family have already been looked after financially.

I'm not saying she HAS to give them money. I'm just saying it would be sad if they were left with nothing considering the legal costs of everything that happened after he died, and how their lives will have been changed from this. As someone else pointed out, if Liam was still here I'm sure at some point he would've loved to help his sisters by covering private education costs, and ensuring they're financially secure. I'm pretty sure Cheryl came from a similar background so she will know what it's like

 

[sam0206]

At the end of the day, it's Bears money. Cheryl is only looking after it for him it wouldn't be right of her to give any of it to Liams family. I don't know if he bought his family their homes or anything but they seemed to live humble, they didn't use Liam to make money they seemed to have their own career paths etc which will continue after liams passing. If anything, it would be up to bear to give them money from his estate when he turns 18 but in all honesty, I don't think they're the type of people that would want it or feel comfortable taking it.
I agree with an earlier post on here too though I don't like how Cheryl is being made to be some kind of saviour in all of this. Sure, she's doing a great job raising bear and is faced with a heartbreaking journey with him by raising him without liam now but she still isn't little miss innocent here. She still took advantage of him like the many others in his life

 

[Tofino]

Clearly didn't read it or comprehend what I wrote as I never said it was on Cheryl at all. Just said I feel for his family who really loved him his whole life and pointed out he didn't appoint Cheryl in charge of trust while alive, she's got it through default cos he didn't do a will. I also never said anything about her giving his family money from his inheritance either.

It’s not me who can’t read. I didn’t quote you.

 

[MammaTubbs]

Cheryl couldn't give them any of Liam's money now even if she wanted to.

He passed away intestate, which means Bear inherits all as his only child. She is essentially only an administrator alongside a lawyer, until Bear is of age.

No lawyer would likely agree to some of their client's (in this case Bear) money being given to his grandparents, aunts, cousins etc.

Bear could do so himself once he controls the money, but until then it'll be solely marked for his benefit, and can only be used for his upkeep or invested on his behalf.