July 4, 2024
O.J Simpson's Estate Slapped with $500k Tax Lien

O.J Simpson’s Estate Slapped with $500k Tax Lien

O.J. Simpson’s Estate Hit with $572k Tax Lien, Potentially Blocking Payments to Victims’ Families

O.J. Simpson managed to avoid paying millions to the families of Nicole Brown Simpson and Ron Goldman while he was alive, and now, even after his death, he might be dodging those obligations again.

Malcolm LaVergne, Simpson’s longtime lawyer and now the executor of his estate, has revealed a significant hurdle in settling O.J.’s financial obligations.

LaVergne had planned to address the $33.5 million judgment owed to the victims’ families from the 1997 wrongful death lawsuit.

However, he disclosed that the state of California has placed a massive tax lien against Simpson’s estate for $572,402.69.

This unforeseen debt complicates the plan to settle the judgment, which has reportedly ballooned to $100 million due to interest.

Despite O.J.’s acquittal in the criminal murder trial, he was found liable for Nicole and Ron’s deaths in a Santa Monica civil court.

LaVergne’s lawyer recently met with the Goldman family and a representative for Sharon Rufo, Ron’s mother, who had auctioned off her rights to the judgment. However, a representative for Nicole’s estate did not attend the meeting despite being invited.

During the meeting in Las Vegas, Simpson’s tax returns, 401K, bank statements, and other financial documents were reviewed.

The Goldman family and Rufo’s representative were informed that they would be included in the estate with the intention of satisfying their judgments.

The timeline for these payments remains uncertain, as LaVergne is still assessing the estate’s value amidst the tax lien.

LaVergne admitted to being “broadsided” by the $572k debt, which may require court intervention to resolve before any payments can be made to the Goldmans.

He is currently focused on fighting the lien, as a court decision is necessary before any distribution of funds to the victims’ families.

Despite this setback, LaVergne remains optimistic, believing that valuable assets within Simpson’s estate could help cover the costs.

Items such as O.J.’s Heisman Trophy (potentially a replica), paintings, golf clubs, a black SUV, a grand piano, and other memorabilia might be sold to generate funds.

There is also interest in O.J.’s personal items, including video reels, furnishings, and old photos with notable figures like Nicole, Kareem Abdul-Jabbar, and Muhammad Ali.

LaVergne continues to explore these potential assets, hoping they can help settle at least part of the enormous judgment owed to the families of Nicole Brown Simpson and Ron Goldman.

O.J Simpson’s Estate Slapped with $500k Tax Lien

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