Los Angeles, California – Former NFL player O.J. Simpson passed away without settling the majority of a $33.5 million judgment awarded to the families of his ex-wife Nicole Brown Simpson and her friend Ron Goldman by a civil jury in California. Although acquitted in a criminal trial, Simpson was found liable in a 1997 wrongful death lawsuit. The families may now have a better chance of collecting their judgment with Simpson’s passing.
David Cook, an attorney representing Goldman’s family in their pursuit of the civil judgment since 2008, expressed determination to continue their efforts despite Simpson’s death. The families are now likely to delve into Simpson’s financial situation to determine the possibility of collecting any assets.
With Simpson’s passing, his estate will need to go through the probate process in Nevada, where he resided, before his heirs can access any assets. However, if significant assets are located in California or Florida, separate legal proceedings may also take place in those states. Creditors with claims against Simpson’s estate can seek a portion of the assets, with the Goldman and Brown families holding priority due to the judgment lien they have.
Los Angeles attorney Arash Sadat highlighted the advantage of creditors having a deceased debtor with assets in probate, potentially facilitating the repayment of debts. Despite the increased likelihood of payment, uncertainties remain about the amount of assets Simpson may have accrued over the years.
Simpson had mentioned relying on his NFL and private pensions for income, and valuable possessions were seized following the civil judgment. Fred Goldman, lead plaintiff and father of Ron Goldman, emphasized the importance of holding Simpson accountable rather than solely focusing on monetary compensation. Methods such as establishing trusts during one’s lifetime can safeguard assets for chosen heirs, although fraudulent asset transfers to avoid creditors can lead to further legal challenges for claimants like the Goldman and Brown families.