Cheryl ‘will block Bear from Liam Payne’s inheritance’ until he reaches major milestone
The late star reportedly died without a will.
Liam Payne’s eight-year-old son Bear will likely not see his father’s £24million fortune until after he turns 25, it has been claimed.
Girls Aloud star Cheryl, 41, and the late One Direction star – who died aged 31 in October after falling from his Buenos Aires hotel balcony – welcomed Bear together in 2017 during their two-year relationship.
Last week it was reported that Payne died without a will and Cheryl was granted power of administration over his estate alongside music lawyer Richard Bray, according to The Sun.
Now, the publication has claimed Cheryl plans to block Bear from his inheritance until he is 25 years old, so he is mature enough to decide how to handle it.
A source told the publication: ‘Cheryl wants to protect Bear and is going to stop him receiving Liam’s inheritance until he’s at least 25 years old, if not older.
‘She feels she wants Bear to be of an age where he can make informed decisions about the money.
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Previous Page Next Page Cheryl and Liam welcomed Bear in 2017 after a year together (Picture: Cheryl/Instagram)‘There are lots of conversations ongoing and Cheryl may even allow the money to be given only in chunks throughout his late 20s and 30s.’
They added that the money will be invested until Bear is old enough to receive it, as Cheryl wants him to have his own ‘ambition’ and ‘drive to succeed’ without the immediate financial back-up.
‘She’s aware that people may want to befriend him because they are aware of his situation,’ they added.
Other sources previously insisted Cheryl ‘will always do the right thing by her beloved son’ when it comes to handling Payne’s estate.
‘It is a small consolation that Bear will never want for anything, that he will at least benefit from that,’ one source told the Daily Mail.
The pair split after two years together. Cheryl released a devastated statement when Payne died in October (Picture: Mark Robert Milan/GC Images)
