It’s been eight months since David Cassidy passed away from organ failure at 67, but things are still being sorted out with his inheritance. According to The Blast, the late actor’s son, Beau Cassidy, will receive much more than everyone originally thought.
The news outlet has reported that Beau, 27, will inherit his late dad’s estate, which is actually worth $200,000 after originally being valued at $150,000 plus some debts. On top of that, Beau was listed as a beneficiary of David’s $450,000 retirement plan as well as his $1 million life insurance policy. That said, Beau is earning about 10 times more than originally thought with a whopping total of $1.68 million!
It was previously reported that David opted to leave his older daughter, Katie Cassidy, 31, out of his will. He allegedly wrote that it was his “specific intent not to provide any benefits hereunder to Katherine Evelyn Cassidy and/or any descendant [of hers].”
She never commented on the matter, but it’s known that the two didn’t even connect until Katy was well into her childhood. “I didn’t meet my father until I was in the fourth grade,” she once shared. “The world doesn’t know that. Not because I’m hiding it, it just hasn’t been discussed. My biological father and I had a really good relationship at one point. He was one of my close friends and gave me wonderful advice.”
And David was very aware of their estranged relationship. “I wasn’t her father. I was her biological father but I didn’t raise her. She has a completely different life,” he told People. “[But] I’m proud of her. She’s very talented.”
Katy was also proud to be his daughter. “My dad was a wonderful, wonderful person. Sadly, he had some demons. There is a silver lining in all of that,” she told Us Weekly in a recent interview. “You live and learn and it has brought my family closer together so I’m grateful for that.”