Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Thursday, November 1, 2012

Bank Freezes Jimmy Savile Estate

Images-3NatWest, a British Bank, has frozen the estate of television host Jimmy Savile due to claims for damages arising from accusations of sexual abuse, including misconduct on premises where Mr. Savile pursued charitable projects and the British Broadcasting Corporation premises. Over 300 people, mostly women, have told officers that they were abused as under-age individuals.  His television shows and his charitable work at three hospitals brought him into contact with young people regularly. 

Mr. Savile died at age 84 last year and sexual abuse claims have arisen, the distribution of his estate has been put on hold.  The Financial Times published details of Mr. Savile's will, which bequeated his wealth to 26 beneficiaries.  Most of his wealth is to be held in a charitable trust that is established in his name.

See Alan Cowell, Jimmy Savile Estate Frozen By Bank, NY Times, Nov. 1, 2012.  

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2012/11/bank-freezes-jimmy-savile-estate.html

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