Liam Payne's beloved partner, Kate Cassidy, is left heartbroken and excluded from inheriting a dime of the late One Direction crooner's multimillion-dollar fortune. Following the tragic demise of the "Night Changes" sensation at the tender age of 33, his entire $32.2 million estate will be entrusted solely to his eight-year-old son, Bear, whom Liam cherished with his ex-flame Cheryl Cole. Tragically, the "Teardrops" vocalist passed on October 16, without a will, after a fatal fall from a third-floor hotel balcony in Buenos Aires, Argentina.
A confidential source intimate with the situation revealed to Page Six that Bear stands to inherit Liam's entire estate, asserting, "Everything is destined for Bear. Nobody else, not even his most recent love, Kate, will receive a penny." Furthermore, the BBC reported that Cheryl, 41, alongside attorney Richard Mark Bray, has been appointed as the administrator of the estate. According to British legislation, the deceased's offspring inherits the estate in the absence of a spouse or civil partner.
Not only is Kate excluded, but Liam's parents, Geoff and Karen, along with his sisters Nicola and Ruth, are not anticipated to receive any portion of the wealth either. Prior to his passing, Liam had generously provided Kate with a monthly allowance of $10,000 and authorized her to utilize his credit card for ancillary expenses, indulging in lavish shopping sprees reportedly funded by the musician.
However, amidst whispers that Kate harbored hopes of being financially supported by Liam's estate, a close confidant set the record straight, clarifying, "Kate possesses funds of her own." The source elaborated in December 2024, "While she certainly doesn't possess Liam's fortune, she's far from broke. She earns an income through social media collaborations. Her lifestyle may not match what she shared with Liam, but she'll be alright."
Kate, who reportedly mourned Liam's death profoundly, unconcerned with her impending financial strain, embarked on her romance with the late 1D star towards the end of 2022.