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