The total estate is valued at approximately $15 million dollars. All of his personal property, around $11 million in total, is supposed to go to his two daughters. He left a third of the estate to his estranged wife with the remainder going to his fiancée. Private Wealth, in an article titled “Andrew Madoff Leaves More Than $15 Million to Family, Fiancée,” has more details.
While the article does not mention whether there are any plans to sue the estate over the Ponzi scheme, the estate will need to make plans to defend itself. If a court decides that Andrew was culpable in his father’s scheme, then his family and fiancée might not receive the inheritances he planned for them. Of course, it is possible that Andrew did not have knowledge of his father’s activities and that he was telling the truth the entire time.
