David Cassidy’s son could be set to inherit up to US$1.68 million (AU$2.3 million) from his father’s estate, it has been claimed – millions more than he originally thought.
While it was reported several months ago that The Partridge Family star left $150,000 to Beau Cassidy, 26, while specifically excluding his daughter, 31-year-old Katie, there were fears it could then dwindle down to almost nothing due to mounting debts, said to total around $186,840 at the time.
However, according to court documents, obtained by US site The Blast, it’s now alleged Beau could actually receive close to $2 million.
The site claims, after paying off the undisputed debts, the estate will be left with assets and cash valued at around $230,000. On top of that, David was reportedly incorporated as DBC Inc., and that company is set to continue receiving residuals from Sony and other sources.
Meanwhile, Beau was reportedly the beneficiary of his father’s retirement plan, exceeding $450,000, as well as his life insurance policy, worth an estimated $1 million – all adding up to the substantial $1.68 million inheritance.
It was previously reported by the site that Cassidy had chosen to leave the bulk of his estate to his son, leaving his daughter Katie out of the kitty.
“All references in this trust to my ‘child or children’ are to Beau Devin Cassidy and such references shall not include Katherine Evelyn Cassidy no any descendent of Katherine Evelyn Cassidy,” the will reportedly read.
“It is my specific intent not to provide any benefits hereunder to Katherine Evelyn Cassidy and/or any descendant of Katherine Evelyn Cassidy.”
It came just weeks after Katie posted a touching message on social media following her father’s death, saying: “Words cant express the solace our family’s received from all the love & support during this trying time”.
Words cant express the solace our family’s received from all the love & support during this trying time. My father’s last words were “So much wasted time”. This will be a daily reminder for me to share my gratitude with those I love as to never waste another minute….thank you.
— Katie Cassidy (@MzKatieCassidy) November 24, 2017
Cassidy was never married to Katie’s mother, Sherry Williams, and the pair were estranged for many years.
Cassidy previously told People he hadn’t played a big role in her life and admitted they weren’t in contact.
“She has a completely different life,” he told the magazine. “I’m proud of her. She’s very talented. It’s hard for me to even accept how old she is now, like 30.”
He went on to call son Beau “one of the best people you’ll ever meet” and said he was a big help in the early stages of his dementia diagnosis.
Cassidy passed away in November last year aged 67 after suffering organ failure in relation to his dementia.