Liam Payne, the former One Direction star, tragically passed away in October 2024 at the age of 31 after a fall from a hotel balcony in Buenos Aires, Argentina. His untimely death has left a significant legacy, including a substantial estate valued at approximately $32.2 million, which will be placed in a trust for his eight-year-old son, Bear.
According to multiple sources, Payne died intestate, meaning he did not leave a will. As a result, British law dictates that his son Bear will inherit his entire estate since there was no surviving spouse or civil partner. Bear's mother, Cheryl Cole, who was in a relationship with Payne from 2016 to 2018, has been appointed as the estate’s administrator alongside attorney Richard Mark Bray.
Cheryl, now 41, has taken on the responsibility of managing the estate, although she and Bray currently have limited authority to distribute the funds. A spokesperson for Cheryl confirmed that they are working within the legal framework to ensure Bear’s financial future is secure. The former pop star organized Payne’s private funeral, which took place at St. Mary’s Church in Amersham, England, on November 20, 2024. The service was attended by Payne’s One Direction bandmates, including Harry Styles, Zayn Malik, Niall Horan, and Louis Tomlinson, highlighting the impact Payne had on his friends and colleagues.
Payne’s death shocked the music world and his millions of fans, particularly given the circumstances surrounding it. Reports indicate that multiple drugs were found in his system at the time of his death, raising questions about the events leading to the tragic fall. In February 2025, a court in Argentina dismissed criminal negligence charges against three individuals out of five who were initially charged in connection with Payne's death.
Despite the significant fortune left behind, it appears that Payne’s family, including his parents Geoff and Karen, and his sisters Nicola and Ruth, will not inherit any part of his estate. The probate documents reveal that while the gross value of Payne's estate was initially estimated at £28.6 million, it was reduced to £24.3 million after debts and expenses were deducted.
At the time of his death, Payne was in a relationship with influencer Kate Cassidy, whom he began dating in late 2022. Reports suggest that Cassidy was receiving $10,000 a month from Payne for living expenses and had access to his credit card for additional purchases, totaling around $25,000 a month. However, sources indicate that Cassidy will not inherit anything from his estate. A close friend of Cassidy noted, "She makes money through social media partnerships. She won’t be living the same lifestyle she was living with Liam, but she’s going to be okay."
In her heartfelt tribute to Payne following his death, Cassidy expressed her ongoing struggle with the loss, stating on the UK morning show "Lorraine," "I’m still working on accepting the fact that he’s not here anymore." This sentiment underscores the profound impact of Payne’s passing not just on his family, but also on those who loved him.
The relationship between Payne and Cheryl Cole began in 2008 when he first auditioned for "The X Factor," where Cole was a judge. Although he did not make it through that first audition, he returned two years later and became a member of One Direction, a band that would become one of the most successful pop groups of the 2010s. Their romantic relationship began in 2016 after Cole’s split from her ex-husband, and they welcomed their son Bear in March 2017.
Despite their breakup in July 2018, the pair maintained an amicable co-parenting relationship. Cole has often spoken about the importance of their son Bear in her life, and she has publicly acknowledged the love and respect she still holds for Payne. In a recent social media post, she reflected on their shared journey and the deep bond they created through their son.
As the estate is managed in the wake of Payne's death, it remains to be seen how the funds will be allocated for Bear's future. The legal complexities surrounding intestate estates can be challenging, particularly when significant wealth is involved. Cheryl and Bray’s role as administrators will be crucial in navigating these challenges while ensuring that Bear’s needs are prioritized.
The tragic circumstances of Liam Payne's death serve as a reminder of the fragility of life and the importance of planning for the future. As family and friends continue to grieve, they also rally around Bear, ensuring that he is supported and loved in the years to come. The legacy of Liam Payne will undoubtedly live on through his music and the memories shared by those who knew him best.
In a world where celebrity lives are often scrutinized, Payne's story resonates deeply with many. It highlights the complexities of fame, relationships, and the responsibilities that come with wealth. As fans continue to mourn his loss, they celebrate his contributions to music and remember the joy he brought to millions around the globe.
