Hogan estate around $5M, Nick Hogan named sole beneficiary
Hulk Hogan, the wrestling icon who died July 24 at age 71, left behind nearly $5 million in assets and a narrowly drawn inheritance plan that names his son, Nick Hogan, as sole beneficiary, according to probate filings made public this week. Court documents reviewed by media outlets show Nick has petitioned to serve as co-personal representative of his father’s estate alongside Terry McCoy, a role the filings indicate a court has approved.
The paperwork lists the estate’s taxable assets at roughly $4.999 million, broken down as about $4 million attributed to Hogan’s right to publicity, $799,000 in personal and intellectual property, and $200,000 in cryptocurrency. The filings also note funds set aside for an as-yet-undetermined amount tied to a potential medical malpractice claim. The estate filing does not list the two Clearwater Beach, Florida, homes long associated with Hogan, which industry estimates value at as much as $11 million combined. The documents and reporting suggest those properties may be held by a trust or a limited liability company and therefore fall outside the probated estate.
The will traces back to an initial document executed in 2016, followed by...