Jeffrey Epstein signed new will to shield $577m fortune days before death

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Jeffrey Epstein signed new will to shield $577m fortune days before death
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'This is the last act of Epstein’s manipulation of the system, even in death' Via guardian jeffreyepstein

The will that disgraced financier and sex offender Jeffrey Epstein signed just two days before his jailhouse suicide puts more than $577m in assets into a trust fund that could make it more difficult for his dozens of accusers to collect damages.

Epstein, 66, killed himself on 10 August in New York while awaiting trial on federal sex trafficking charges. The discovery of the will with its newly created 1953 Trust, named after the year of his birth, instantly raised suspicions he did it to hide money from the many women who say he sexually abused them when they were teenagers.

“Wealthy people typically attempt to hide assets in trusts or other legal schemes. I believe the court and his administrators will want to do right by Epstein’s victims, and if not, we will fight for the justice that is long overdue to them,” said attorney Lisa Bloom, who represents several Epstein accusers.

But some tax experts have questioned the validity of the will, which could be challenged if it is deemed improperly witnessed or executed. Epstein’s only known relative is a brother, Mark Epstein, 65, who has not responded to requests for comment. The brothers were also linked through a 200-unit condo in Manhattan that was once owned by Epstein’s biggest client, the Victoria’s Secret founder Leslie Wexner. Mark Epstein was once listed in corporate records as president of an Epstein-affiliated holding company.Epstein also named the biotech venture capitalist Boris Nikolic as a backup executor.

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