EXCLUSIVE: Elizabeth Taylor’s Estate Begins Probate

liztsplash.jpg

Elizabeth Taylor established her trust just four months after a near-death experience at her Bel Air, Calif., home when she suffered a fracture in her lower back, RadarOnline.com has exclusively learned.

The Hollywood legend’s move was revealed in court papers filed March 25 with the Los Angeles County Superior Court and obtained exclusively by RadarOnline.com.

COURT DOCUMENTS: Notice To Creditors Of Elizabeth Taylor

Taylor, who died March 23 at age 79, created the trust on June 23, 1998.

Earlier that year, on her 66th birthday, the two-time Oscar winning actress fell – the latest in a long list of medical scares, which included hip-replacement surgery and a benign brain tumor, all within the four years before the trust was created.

PHOTOS: Elizabeth Taylor Through The Years

The trustees of Taylor’s estate, Barbara Berkowitz, Christopher E Wilding and Timothy R Mendelson, told the court creditors must advise them within four months if they’ll file any claim.

Taylor’s estate is believed to be valued between $600 million and $1 billion, including at least $150 million worth of jewelry.

PHOTOS: The Sweet Smell of Success: Celebs with Perfumes

PHOTOS: The Costliest Celebrity Divorces

RELATED STORIES:

Elizabeth Taylor Hospitalized For Congestive Heart Failure

Elizabeth Taylor Calls Michael Jackson Film “Brilliant”

Michael Jackson’s Kids Take In Theme Park With Elizabeth Taylor

PHOTOS: Couples We’d Like To See!

blog comments powered by Disqus