Dispute over Hulk Hogan’s estate after his death: His second wife Sky will receive 30 percent of his fortune

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Following the death of wrestling iconHulk Hogan, attention has turned to how his estimated $25 million estate will be divided.

Under Florida’s spousal elective share statute, his wife, Sky Daily Hogan, is entitled to 30 percent of his assets even though the couple had been married for only two years. That legal guarantee overrides any instructions in his will or estate documents.

Jake Paul and Mike Perry go face-to-face with funny Hulk Hogan impressions

Estate planning expert and paralegal June Frederiksen of Schofner Law Firm noted that Hogan, whose real name was Terry Bollea, likely had extensive protections in place.

“You set up a trust to protect your assets, so you run everything through the trust,” Frederiksen told RadarOnline.com, adding that such structures are designed to bypass probate court and shield holdings from creditor claims.

“Even if she was left out of the estate and he didn’t update the trust since they married, she would still get a spousal elective share.”

Mansion, business ventures, and family rifts add complexity

Hogan‘s estate includes high-value assets such as his $11.5 million Clearwater mansion along with multiple business ventures.

His holdings range from Hogan’s Beach Shop and the Clearwater Beach restaurant Hogan’s Hangout to his recently launched Real American Beer brand, which expanded his post-wrestling income streams.

Not all of those assets may be fully protected by his trusts. Frederiksen warned that if any properties or accounts were left outside of them, or if family members challenge the documents, the estate could enter probate court.

“If someone contests what is directed in the trusts, there may not be a way to avoid estate court,” she explained, cautioning that such disputes could also expose the assets to creditor claims.

Family dynamics could further complicate matters. Hogan had been estranged from his daughter, Brooke Hogan, in recent years and reportedly had never met his twin grandchildren, Oliver and Molly Gene, born earlier this year.

Frederiksen suggested that if Brooke is excluded from the will, she could legally contest the estate, triggering probate and potentially setting off a prolonged legal fight.

Hogan‘s passing at 71 leaves behind not only a wrestling legacy but also a complex web of assets, trusts, and family relationships.

With Florida’s inheritance laws in play and potential challenges on the horizon, the distribution of his fortune may become as high-profile and dramatic as his decades in the ring.

This news was originally published on this post .

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