Results for: Estate Insolvency

The estate of late actress Anne Heche is facing insolvency, with debts totaling over $6 million. Her son Homer Laffoon, the estate’s proprietor, has filed court documents stating that it is not yet in a condition to be closed. Heche’s assets include a modest bank account, royalty payments, and personal property items, but their appraised value currently stands at approximately $110,000. Laffoon reports that Heche’s posthumous memoir, “Call Me Anne,” has not performed well, with estimated income falling short of $25,000. The estate is facing claims from seven creditors, including the owners and renter of the home where Heche crashed her car in August 2022, resulting in her death. These creditors are seeking $2 million each, while Heche’s ex-boyfriend Thomas Jane has also filed a claim for a $150,000 loan. Laffoon is negotiating with creditors to avoid costly litigation and is optimistic about resolving the claims without court intervention.

The estate of late actress Anne Heche is currently unable to settle its debts, according to court documents filed by her son, Homer Laffoon. The 22-year-old executor details the estate’s assets and liabilities, revealing that it holds approximately $110,000 in assets and faces several creditor claims. These include those stemming from the August 2022 car crash that claimed Heche’s life and ignited a fire at a Mar Vista home. Laffoon, the son of Heche and ex-husband Coley Laffoon, is working to negotiate settlements with creditors. However, sales of Heche’s posthumous memoir, ‘Call Me Anne,’ have fallen short of expectations, further complicating the estate’s financial situation.

Anne Heche’s estate is facing insolvency nearly two years after her tragic passing. The actress’s estate, administered by her son Homer Laffoon, reportedly contains limited assets and is unable to satisfy pending claims. According to a status report filed with the court, Heche’s estate holds a modest bank account, royalties from previous projects, a corporation involved in her entertainment career, a podcast membership interest, and personal property. However, these assets are estimated to total approximately $110,000, falling short of the outstanding claims against the estate.