Ozzy’s Legacy

Ozzy Osbourne may have been seen as an enigmatic showman with little care for the practicalities of life, however when it came to his Will he was most certainly very well prepared.

Ozzy had carefully and meticulously planned exactly how his estate would be divided when he passed.

Ozzy was ''paranoid'' that there would be conflict between the 5 children that he fathered  between his 2 marriages firstly to Thelma with whom he had Jessica and Louis and adopted his stepson Elliot and more latterly Sharon with whom he famously fathered Aimee, Kelly and Jack, so he took the appropriate legal steps to ensure that this potential scenario was completely avoided.

The executors of his Will are Kelly, Jack and Sharon.

Jessica, Louis and Elliot will each receive a portion of the total estate absolutely immediately.

Jack will be immediately inheriting absolutely the other Californian compound and a share of the publishing rights of his music.

Kelly will immediately inherit the Los Angeles estate.

Aimee's share has been put immediately into Trust which will give her an income every 3 months until she is 50 when se will then take everything in the Trust absolutely.

The residue is in Trust giving Sharon a life interest in his $220 million fortune meaning should she ever remarry, not one cent will be lost to a potential future spouse and on her death Aimee Kelly and Jack will inherit the residue of the Trust.

Sensible planning from the man who ''barked at the moon''.

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