Do the Menendez Brothers Still Have Money? Inheritance Details Revealed – Hollywood Life


Erik Menendez (L) and his brother Lyle (R) listen during a pre-trial hearing, on December 29, 1992 in Los Angeles after the two pleaded innocent in the August 1989 shotgun deaths of their wealthy parents, Jose and Mary Louise Menendez of Beverly Hills, Calif. It took 40 months for the Superior Court arraignment after prosecutors and defense attorneys battled over the admissibility of taped confessions the brothers allegedly made to their psychotherapist. AFP PHOTO VINCE BUCCI (Photo by VINCE BUCCI / AFP) (Photo by VINCE BUCCI/AFP via Getty Images)
Image Credit: AFP by way of Getty Images

Lyle and Erik Menendez proceed to serve life sentences in jail for the brutal murders of their dad and mom on August 20, 1989, when the brothers—then 21 and 18—shot and killed them of their household’s Beverly Hills mansion.

But 35 years later, the Menendez brothers would possibly get the likelihood for his or her case to be reopened, as prosecutors in Los Angeles are reviewing new proof. Although Los Angeles County District Attorney George Gascón clarified that the brothers had been “clearly the murderers” of their dad and mom, José and Kitty Menendez, prosecutors are assessing whether or not the new proof may have led the jury to succeed in a “different conclusion,” based on the DA.

Did the Menendez Brothers Inherit Any Money?

In the aftermath of their dad and mom’ deaths in 1989, the brothers briefly took management of their father’s property, which was valued at roughly $14.5 million.

In simply six months, Lyle and Erik reportedly spent practically $1 million on events, journey, and buying. However, after being arrested seven months later, most of the cash from José’s property had been consumed by taxes and authorized charges. By 1994, it was reported that $10.8 million had been spent from the property—simply two years earlier than the brothers had been sentenced to life in jail. About half of that quantity went towards the brothers’ authorized charges, together with these of lawyer Leslie Abramson, who argued that José and Kitty had subjected their sons to years of emotional and sexual abuse.

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Once they had been discovered responsible of their dad and mom’ homicide, the brothers misplaced entry to the property. Under California’s “Slayer Statute,” when somebody is feloniously murdered, the perpetrator can not revenue from the sufferer’s property, no matter any household relationship. Their present web price has not been publicly disclosed.

So, What Is the Menendez Brothers’ Net Worth?

With no monetary cushion from their inheritance and serving life sentences in jail, Lyle and Erik haven’t lived a life even remotely near the lavish one that they had earlier than their arrest. Their present web price is unknown, however with none substantial belongings and growing liabilities from authorized charges—particularly if the case reopens—it might be near zero.

Even as the newest topics of Ryan Murphy and Ian Brennan‘s Monster anthology collection titled Monsters: The Lyle and Erik Menendez Story, the brothers are unlikely to see any funds from such tasks.

What Has Ryan Murphy Said About the Brothers’ Case?

The more and more widespread 10-episode season streaming on Netflix goals to discover whether or not the brothers had been cold-blooded killers looking for to inherit their household’s fortune, as the prosecution argued, or victims of a lifetime of bodily, emotional, and sexual abuse at the palms of their dad and mom, as the protection claimed and Lyle and Erik keep to at the present time.

From Murphy’s perspective, the collection appears to have succeeded on this exploration. On October 3, he said throughout a telephone name with The Hollywood Reporter, “We gave them their moment in the court of public opinion. Basically, we did give them a platform. I think they can be out of prison by Christmas. I really believe that.”

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If you or anybody you recognize has been sexually abused, name the National Sexual Assault Hotline at 1-800-656-HOPE (4673). A skilled employees member will present confidential, judgment-free help in addition to native sources to help in therapeutic, recovering and extra.

If you or somebody you recognize is combating substance abuse, contact the Substance Abuse and Mental Health Services Administration (SAMHSA) National Helpline at 1-800-662-HELP (4357).

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