At first glance, the news about late Hollywood superstar Burt Reynold’s last will and testament would seem to point to family discord. After all, when a parent intentionally leaves a child out of his will, it certainly tends to raise eyebrows. And when the contents of Burt Reynolds’ will was revealed, fans were quick to jump on the fact that the late star had intentionally left his only son out.
But when additional details about the disbursement of Reynolds’ assets are examined, the world can take a collective sigh of relief for 30-year-old Quinton. As it explicitly states in the legal document, the only son of the famous actor and ex-wife Loni Anderson will not go penniless after all.
According to TMZ, who obtained a copy of the will, reports that Reynolds said of Quinton, “I intentionally omit him from this, my Last Will and Testament, as I have provided for him during my lifetime in my Declaration of Trust.”
“The will, which was signed in 2011, appoints Reynolds’ niece Nancy Lee Brown Hess as the personal representative of Reynolds’ estate. Reynolds lists his great-nephew Brian Ritchey Brown and then his great-niece Tracy Erin Rogers as the next personal representative were anything to happen to the previous one.”
Although the 82-year-old star had a very successful career, he lamented the fact that he doesn’t have a whole lot to show for it. People reports, “Three years after his divorce from Anderson, Reynolds filed for bankruptcy, claiming $6.65 million in assets and debts totaling $11.2 million, according to Vanity Fair."
In possible explanation for the sad state of his financial affairs, Reynolds is quoted as saying, “I’ve lost more money than is possible because I just haven’t watched it. I’ve still done well in terms of owning property and things like that. But I haven’t been somebody who’s been smart about his money."
Then, in true Burt Reynolds fashion, he added, “There are a couple of actors who are quite brilliant with the way they’ve handled their money. But they’re not very good actors.”
It is estimated that, at the time of his death, Reynolds’ estate was worth approximately $5,000,000. According to sources, all of his personal assets had been moved to the trust that Quinton will inherit.
TMZ reports, “All of Reynolds’ assets appear to be in the trust, which may be designed to get around estate taxes.” So there is no need to worry that Burt and Loni’s son was overlooked.
"Burt [Reynolds] died of a heart attack earlier this month. He died at a hospital in Florida after going into cardiac arrest. His family was by his side when he passed.
"Burt had heart problems for years. He underwent major heart surgery in February 2010. Burt lived out his final years at his longtime Florida estate thanks to a loving landlord who helped him out of a financial crisis."