Discussion for article #225313
TPM: Court documents show Philip Seymour Hoffman rejected his accountant’s suggestion that he set aside money for his three children because he didn’t want them to be “trust fund” kids.
Thanks, dad.
Well, he gave the money to their mother who is raising them, so it’s not as if they won’t be provided for.
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Is the will being contested, are the children now adults and contesting the will?
The children are not adults.
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I bet the kids didn’t want a dead Father, either.
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Yeah, I don’t want my children to be “trust fund kids” either. It’s a choice. Really. I made that choice. Yep. I sure did. In fact, I’ve lived my life in a way to assure that that will never happen.
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A very troubled guy with a lot of issues that went beyond the way he treated his kids.
But a consummate actor. Look again at his performance in the very-underrated “Punch Drunk Love.”
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Brilliant essay by LeCarre’ himself in the NY Times about being on the set of “A Most Wanted Man”.
Check it out at: http://www.nytimes.com/2014/07/20/movies/john-le-carre-on-philip-seymour-hoffman.html
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If I were a Hoffman sibling:
“Well gee, we didn’t want Dad shootin’ smack either-- yet here we are!”
jw1
I’m with ya. We need to pat each other on the back for our high moral stance.
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The children are young. The oldest is 11 (depending on when his birthday is).
The kids will have the money one way or another, unless O’Donnell pisses it away. But trust funds (having known a few trust fund kids and adults) are special. They tend to involve rules about what the money can be spent on, how much of it can be spent at a time, someone to approve the spending (and take an annual cut), and some date at which the person magically reaches the age of responsibility and gets to do what they want without the intervention of the trustee. Or, if the giver is even weirder, a date on which the trust terminates and the money stops while the remainder goes to charity.
It’s just added weirdness.
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And why shouldn’t kids of rich people have to work for their money like everyone else? I don’t expect to get anything from my parents, and I can earn a living on my own. If they had been multi-billionaires, I would feel the same way.
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That’s not unusual. He left his money to his children’s mother, and she’ll provide for them. If she wants, she can set up trusts for the children. No biggie.
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Before The Devil Knows You’re Dead is the one not to miss.
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And this is “news” because … ?
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Loved that movie.
Also, small, but well performed role in Magnolia.
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This guy was so confused. The smartest guy on the set turns out to be the dumbest guy. I hope his partner takes the dower portion of the estate and shares the remainder rightfully with the family.
Sounds pretty normal, actually. The kids are young; Mom gets money to take care of them.
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