May 30th 2024.
When O.J. Simpson passed away earlier this year, he still owed a considerable amount of money to the families of Nicole Brown Simpson and Ron Goldman. His lawyer, Malcolm LaVergne, who is now the executor of his estate, reached out to the families in April to discuss their claims against Simpson's estate.
According to TMZ, the state of California had placed a tax lien of $572,402.69 on the estate, which significantly impacted LaVergne's initial plan to settle for a portion of the $33.5 million judgment that was awarded to the families in 1997.
Despite being acquitted in his murder trial, Simpson was found liable for the deaths of Nicole Brown Simpson and Ron Goldman in a civil court in Santa Monica. The judgment, which was initially $33.5 million, has now increased to a staggering $100 million due to accumulating interest over the years.
Last month, LaVergne's team met with the Goldman family at his office in Las Vegas. However, a representative for Nicole Brown Simpson's estate did not attend the meeting. During this meeting, they carefully reviewed Simpson's tax returns, 401K, bank statements, and other assets in order to determine the total value of the estate. LaVergne assured Goldman's lawyers that they would be included in the estate, which would help in paying off the debt.
LaVergne also shared that he is currently in the process of investigating the true worth of Simpson's estate, especially in light of the unexpected tax lien. He stated that he was caught off guard by the $500,000 debt and plans to fight it in court. Only after this matter is settled, will he be able to determine if there are any remaining funds to pay off the debts owed to the two families.
However, LaVergne did mention that there are some valuable assets in Simpson's estate that could potentially be sold to help cover the costs. These include his Heisman trophy, fine art pieces, golf clubs, an SUV, and a grand piano. The team is also considering auctioning off some of Simpson's personal items such as video reels, furniture, and photos. These efforts could potentially bring in some much-needed funds to help settle the debts.
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