Fashion Brief
L’Wren Scott, the fashion designer who took her own life earlier this month, has left her estate of $9m (£5.4m) 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 jewelry, 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 my Michael Philip Jagger.”
She specifically stated 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 has 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,” according to 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 will go to Jagger, with whom she had a relationship of 13 years and whose personal fortune is worth more than $300m.
Accounts filed with Companies House last October show that Scott’s British company, LS Fashion Ltd, ran a loss of £3.5m in 2012, up from £2.5m the year before. The documents also showed that the firm owed creditors millions of pounds and that Scott’s adopted brother, a successful American executive, joined the company as a co-director last year.
A postmortem found that Scott died after hanging herself in her Manhattan apartment. Her high-end fashion label was a favourite among Hollywood stars such as Nicole Kidman, Olivia Wilde, Tina Fey and Sarah Jessica Parker. Jagger and about 70 family and close friends attended a private funeral ceremony this week in Los Angeles at Hollywood Forever cemetery.
