From “Friend” to films, real estate, and best-selling books, Matthew Perry had an incredible career. However, the actor never married, nor did he have any kids, which has made many fans wonder what will happen to his fortune. Well, attorney Arash Sadat is exclusively telling Nicki Swift the possibilities that could occur to Perry’s remaining assets and wealth.
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Sadat explained there are three ways in which Perry’s fortune can go. He shared with Nicki Swift, “If he had a trust, then his assets would be distributed per the terms of his trust and without the need for approval or oversight in probate court.” However, if Perry had a will in place with listed beneficiaries, they would have to “file a petition in probate court to have his estate distributed per the terms of the will.” If he had no trust or will, well, there would still be a plan in place. Sadat explained to Nicki Swift, “The process would be similar if he had no trust and no will, except that his assets would go to his closest living relatives — in this case, his parents.” Sadat notes that if either of the last two scenarios unfold, having a will or not having a will and trust, Perry’s financial documents would be made public. Only time will tell as to how the distribution of Perry’s wealth will play out.