Estate of Jeffrey Epstein
Jeffrey Epstein's private islands in the U.S. Virgin Islands pictured in 2008. Epstein purchased Little Saint James (lower middle) in 1998, and the neighboring Great Saint James (upper middle) in 2016. Both islands were eventually sold by Epstein's estate. | |
| Formation | August 15, 2019 |
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| Type | Estate |
| Purpose | Settling the affairs of Jeffrey Epstein |
| Headquarters | Saint Thomas, Virgin Islands |
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Organizations Media coverage |
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The estate of financier and convicted sex offender Jeffrey Epstein was established following his death on August 10, 2019, for the purpose of administering his property and settling his legal issues. The estate was created on August 15, 2019, when Epstein's last will and testament was filed in the Superior Court of the U.S. Virgin Islands.
Epstein's will named his lawyer, Darren Indyke, and his accountant, Richard Kahn, as joint executors of his estate. The estate is organized as a revocable trust called the "1953 Trust", and it will pay out the remainder of Epstein's fortune to trustees upon the resolution of all claims against the estate. Epstein's estate was valued at over $577 million at the time of his death, but it has since decreased in value to around $120 million due to ongoing costs. The estate has been the subject of numerous lawsuits and legal inquiries, including two Congressional subpoenas by the House Oversight Committee.