Probate records reveal that he died without a will and left an estate valued at ‘nil’ in England and Wales. It is not known if he had assets held overseas or in trust or joint-ownership which would not have been included in his estate. His daughter Elizaveta Berezovskaya claimed at a two day inquest in Windsor last March that the Russian Government could have been behind his death.

Recently, former billionaire Boris Berezovsky was found hanged to death in the United Kingdom. Given who he is (believed to be the second richest tycoon in Russia) and the circumstances of his life, there is some mystery surrounding his death. Some people believe that he committed suicide, but his family believes that he was killed for criticizing Vladimir Putin. You see, Boris Berezovsky found himself at odds with Putin and eventually left the country.

Interestingly, the coroner’s report is uncertain about the cause of death.

Another surprise.

Now, it appears the Berezovsky’s UK estate is worth nothing, not even a single penny, as the Daily Mailreports in Russian ‘billionaire’ Boris Berezovsky found dead in bath last year left nothing in his will after dying penniless.”

What is not known is where all of the money went or where it may yet be held. Is it in unknown offshore trusts and bank accounts?

Berzovsky also died without an estate plan. Consequently, if his estate did have value its eventual distribution would be determined by UK courts.

This is an unusual case as it is not often that a billionaire loses absolutely everything.

Still, it is difficult to draw too many lessons from it, as it is not yet clear what happened to the money. Nevertheless, it is never a good idea to not have an estate plan and leave things up to the government to sort out.

Do You Need Legal Help Regarding Probate Issues In California?

If a loved one died without a will and you need legal assistance regarding the probate process you should be speak with an experienced probate attorney as soon as possible. Contact us online or call our office directly at 800.756.5596 to claim your space at one of our free, informative seminars. Your attendance will qualify you for a discount for our probate services. We proudly serve clients throughout California with offices in Torrance, Newport Beach, Orange, Woodland Hills and Pasadena.

Philip J. Kavesh
Nationally recognized attorney helping clients with customized estate planning guidance for over 40 years.
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