Tuesday, May 24, 2016

Celine Dion "appointed husband"s $70million estate" hours after emotional Billboard speech


CELINE DION Billboard Music Awards 2016 Icon Award.

The 48-year-old is clearly still suffering from her recent heartbreak as she broke down on stage at last night"s Billboard Music Awards after being honoured with an Icon Award.

And, today it has emerged that Cline has been put in charge of distributing her latespouse"s assets, as laid out in his will.

According to TMZ, two children from Ren"s first marriage will each inherit a house in Canada.

While the sale of two other properties - an estate in Florida worth $45million and a castle in Quebec listed at $25million - is expected to turn an estimated $9million profit and will be put into a trust fund for his and Cline"s children.

The couple are parent to 15-year-old Ren Charles and five-year-old twins Nelson and Eddy, who currently live with their mother.

Additionally, the My Heart Will Go On singer will reportedly be handed other properties, on top of all of her husband"s furniture, clothing, cars, jewellery, and personal assets.

Most of the money is believed to be going into a trust which typically provides support for a surviving spouse and any children left after bereavement.

The probate documents, which were filed in Nevada, demanded Cline declare she was not a felon in order to be named an administrator.

In March, the Canadian musician lowered the asking price of the Florida property by $30million after initially listing it for $75.5million.

Boasting 5.5 acres of land, the 10,000 sq ft abode has five bedrooms, but the grounds are home to two four-bedroom guest houses, a golf range and a tennis court.

Ren lost his battle with cancer at the beginning of the year, leaving a huge legacy behind him as he was a music producer, talent manager and singer.

In a recent interview with People magazine, his widower said she"s at "peace" now.

"I really, really want to prove to my kids their mother is strong. Ren always insisted the show much go on," Cline said.

"I miss him a lot from when he was great but not when he was suffering. I cannot be selfish. You have to let people go. I feel at peace.

"We were living in hope, knowing that there"s no hope. I"m not the type of person who"s going to say, "I know he"s going to make it"," she added.

Express.co.uk has contacted Cline"s representative for comment.

Source: http://www.express.co.uk/celebrity-news/672872/Celine-Dion-husband-Rene-Angelil-70-million-dollar-estate-Billboard-speech

No comments:

Post a Comment