/ 28 March 2014

L’Wren Scott leaves $9m estate to Mick Jagger

L'wren Scott Leaves M Estate To Mick Jagger

L'Wren Scott, the fashion designer who died earlier this month, has left her estate of $9-million to her longtime partner, Mick Jagger, and nothing to her family, according a US media report.

The 49-year-old designer bequeathed her $8m apartment, which she owned under a corporate name, and $1m in other valuables to Jagger, according to the New York Post, which cited court papers.

"I give all my jewellery, clothing, household furniture and furnishings, personal automobiles and other tangible articles of a personal nature, or my interest in any such property, not otherwise specifically disposed of by this will or any other matter together with my insurance on the property, to Michael Philip Jagger," Scott wrote in her will.

"I give the rest and residue of my estate to Michael Philip Jagger."

She specified that she did not want her family to receive anything.

"Except if otherwise provided in this will, I have intentionally omitted to provide herein for any of my heirs living at the date of my death," she wrote.

Scott had an older estranged sister, Jane Shane, and an older brother, Randall Bambrough. Both of her adoptive Mormon parents are dead.

The contents of Scott's will do not specify the overall state of her finances at the time of her death.

"The liabilities of this estate are unknown at this time," say probate records that do not state if she owed money to creditors. That means it is unclear how much, if any, of the $9m will eventually go to Jagger.

Accounts filed with Companies House in October last year show that Scott's British company, LS Fashion, ran at a loss of £3.5-million in 2012 compared with £2.5-million the year before. The documents show that the firm owed creditors millions of pounds. – © Guardian News & Media 2014