Philip Seymour Hoffman against ‘trust fund kids’

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Philip Seymour Hoffman against ‘trust fund kids’

Leaves all his earnings to his partner and not their three children

By (Reuters)

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Published: Thu 24 Jul 2014, 11:52 AM

Last updated: Fri 3 Apr 2015, 6:41 PM

Philip Seymour Hoffman was one of Hollywood’s most successful actors when he died of a drug overdose in February, but he had no intention of using his earnings to overindulge his three children.

The star of blockbusters like Mission: Impossible III and The Hunger Games: Catching Fire told his accountant David Friedman on multiple occasions that he “did not want his children to be considered ‘trust fund’ kids,” according to court documents reportedly filed on July 18 and obtained by media outlets.

Those documents reportedly show a conversation between Friedman and the court-appointed attorney of Hoffman’s children, James Cahill Jr. In it, Friedman “recalled conversations with in the year before his demise where the topic of a trust was raised for the kids and summarily rejected by him.”

Hoffman reportedly wanted his $35 million estate, which was sued for $85,000 earlier this year over alleged property damage, to go directly to his longtime partner and the mother of his children, Mimi O’Donnell.

The actor reportedly told his accountant that he “simply did not believe in marriage,” and Cahill said “Friedman also advised that he observed Hoffman treating his partner/girlfriend ... in the same manner as if she were a spouse.”

Hoffman was 46 years old when died on February 2, 2014, succumbing to what coroners called “acute mixed drug intoxication, including heroin, cocaine, benzodiazepines and amphetamine.”

His three surviving children are Cooper, 10, Tallulah, 7, and Willa 5.

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