John Mahoney Left Behind $5 Million and Many Heirs

Apr 26, 2018 | Estate Adminitration, Probate, Trustee, Will

Court lists 38 friends and relatives as potential beneficiaries to actor’s estate.

A friend of John Mahoney, who passed away recently, leaving an estate estimated at $5 million, has petitioned a court to open a probate case to settle Mahoney’s estate, according to TMZ in “‘Frasier’ Star John Mahoney Leaves Behind $5 Mil Estate.”

Mahoney, who had a long and distinguished career in a variety of roles, was best known for his award-winning work on the TV show Frasier in which he played the main character’s elderly father.

He passed away recently at a hospice, while suffering from a variety of illnesses. Friends, former co-workers and fans have shown an immense amount of grief over the loss.

The full details about Mahoney’s estate are not yet known. The estate is believed to be worth $5 million, including real estate worth approximately $300,000. It is not clear from the initial reporting whether Mahoney had a will or trust.

It is also not clear how Mahoney might have directed the distribution of his estate between various people. Court documents do list 38 potential beneficiaries of the estate, who were friends and relatives of Mahoney.

An estate as large as Mahoney’s with many potential inheritors is often a perfect recipe for conflict. Those potential inheritors may lawyer up and choose to fight over their respective share of the estate.

Reference: TMZ (March 24, 2018) “‘Frasier’ Star John Mahoney Leaves Behind $5 Mil Estate.”