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Mary austin

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· Member since
OK, if anyone wants to read the facts, Freddie's will is here: http://elblogdequeen.com/2006/03/testamento-de-freddie-mercury.html
There is no mention of 50 years.

As I understand it, he leaves:
- House and all contents to Mary
- £500 thousand to Joe, Jim and Peter
- £100 thousand to Terry
- 50% of future income to Mary
- 25% of future income to Kash (which would be transferred to her children upon her death)
- 25% of future income to his parents
- Freddie's parents share goes to Kash
- If Kash and her children were no longer around, the whole lot would go to Mary
- If Mary died first I think it would pass to Kash or family (not completely clear on this)
- If everyone died it goes to charity
- It does not look to me as though anything monetary passes on to Mary's children, but the house (and contents) is hers, so obviously that can pass wherever she wishes
- It does not look like the house would ever pass to Kash or her children (unless Mary chose that)

I think it is better to just read the thing than have the same debate over and over again.
· Member since
Thanks for doing that for us :)

I think the 50 years thing comes from the "Vesting Day" which is "50 years" from his passing. So that means if Mary wants the house to have any kind of monetary value for her children, she needs to will it to them or sell it before that day. I'm assuming she will pass before that date (which is November 24, 2041).

I'm glad he took care of his parents, sister, and her children in terms of future income.
· Member since
[QUOTE] [b]indy19 wrote:[/b]

Thanks for doing that for us :)

I think the 50 years thing comes from the "Vesting Day" which is "50 years" from his passing. So that means if Mary wants the house to have any kind of monetary value for her children, she needs to will it to them or sell it before that day. I'm assuming she will pass before that date (which is November 24, 2041).

I'm glad he took care of his parents, sister, and her children in terms of future income. [/QUOTE]

To be honest, I can't say I fully understand all the terminology/or am ever going to properly read the whole thing. Is the house included in this though or just royalties income/rights? I don't see anything about the Vesting day in relation to the house and contents. Though as I say, I haven't studied it.

Everyone's royalty income alters somehow I don't fully get though on the Vesting Day, certainly - which may well only impact Kash's children.
· Member since
Yep. I think he did an overall fair job on leaving things to who deserved them.
· Member since
Did he leave any money to the male love of his life, Winnie Kirchberger?

Did he leave any money to the female sexpots of his life, Barbara Valentin and Laura Jackson?

Perhaps Freddie Dreary can comment?
Socialism: There's one for you, nineteen for me Should five per cent appear too small Be thankful I don't take it all
· Member since
Spiral static—the 50 year vesting thing has to do with Freddie’s shares in companies that aren’t named, but I would assume they would be QPL, Mercury Songs, and whatever other music companies Freddie owned shares in. The vesting thing refers to “said shares”. I think people are confused because the companies aren’t named. 50 years may be when his copyrights expire. That’s a guess. I know in the US copyright expires at some point.

(Or rather one person was confused, said Mary only had the house for 50 years, and then this factoid bounced around the echo chamber that is the internet for so long that it’s become believed by a lot of people. Despite that fact that it makes no sense to give someone a house for 50 years.)

The house was bequeathed to Mary. I’m not a lawyer, but can’t see how the house would have anything to do with shares or vesting of shares. As I understand it, bequeath is legal-ese for “give”.

I have no interest in figuring out what happens on vesting day! If I’m still alive then I’ll be very pleased and perhaps the Daily Mail will explain it. :-)
· Member since
[QUOTE] [b]Saint Jiub wrote:[/b]

Did he leave any money to the male love of his life, Winnie Kirchberger?

Did he leave any money to the female sexpots of his life, Barbara Valentin and Laura Jackson?

Perhaps Freddie Dreary can comment?[/QUOTE]

The question remains -- what'd the cats get?!
· Member since
Guys, wake up. The "good old" story of Mary Austin being like a second mother to Freddie, where he is depicted like a child who cannot take care of himself, is just bullshit. The same for the "parallel eterosexual love" history.

I think there was a key-person who was much more influent on Freddie's business on hist last years than Mary did, and I talk about Jim Beach. All the stuff related to the Freddie's death (the house, the money left to his closest people, the royalites, and yes, the ashes history too) is much more related to Jim Beach's business than to Mary.
· Member since
My partner is a lawyer and he's looking at it tonight to get a better understanding. This is actually his speciality.

Do we know what happened to his other properties?
· Member since
I know the co-op apartment in NYC was sold at some point. I bumped into an article about it once web surfing. It was an article in a NYC publication of some kind about real estate. I can take a couple of minutes to look for it if you like.

Great that your partner is willing to look at the will! Thank him for me please.
· Member since
Found it easily

http://nymag.com/realestate/features/65221/

Sold in 1992.

I can’t afford the monthly maintenance. :-/
· Member since
Yeah, pls thank your partner for us hooligan. I'm not a lawyer but I'm from a family teeming with them and I was gonna hand it over to one of my cousins... but I know I'd be made fun of if I did that... so it's good your partner is gonna do the dirty work here ;) :p

Galileo, floor to ceiling mirrors and silver-grey satin walls. Oh Freddie. :)
· Member since
Except that’s the usual silly press that Freddie gets. Thor explained in his thread that the decor was left over from the previous owner and Freddie never changed it. And I think there were not nearly the number of mirrors indicated in that article.

I just posted the link because it says when the apartment was sold. Everything else is closer to creative writing than journalism.
· Member since
Except that’s the usual silly press that Freddie gets. Thor explained in his thread that the decor was left over from the previous owner and Freddie never changed it. And I think there were not nearly the number of mirrors indicated in that article.

I just posted the link because it says when the apartment was sold. Everything else is closer to creative writing than journalism.
· Member since
Yep and Phoebe did state in his book that Freddie didn't bother to change the decor when he moved in