A judge recently granted Angus Cloud's mom permission to administrate his estate worth at least $1 million.
By doing so, Lisa is now responsible for making decisions regarding her son's assets and business deals.
On July 31, the "Euphoria" actor passed away at his residence in Oakland, California. He was only 25 years old. An autopsy revealed that he died from fentanyl, cocaine, and methamphetamine - an accidental overdose.
As a result, Lisa has been granted full authority to manage his estate as per court order.
As reported by court documents obtained by Radar Online, Lisa indicated that her son had an estate worth seven figures. Yet, Angus had never wed nor fathered any children. She stated that he was involved with various arrangements needing prompt attention and management when he passed away.
Lisa declared that she was in charge of executing the business transactions and needed to take on an administrative role.
To achieve this power, Lisa mentioned Angus' payment through his Action Packed corporation and requested to be given business control in her filing.
"Petitioner believes Decedent assigned certain rights to the Company, including, but not limited to, certain intellectual property and name, image, and likeness rights, as well as his rights to receive income. It is unknown to Petitioner at this time which of the Decedent's exact rights have been assigned to the Company."
"The Special Administrator must assume management and control of the Company to determine any outstanding agreements, take possession of any financial accounts of the Company, secure and collect any payments owed, and determine any rights assigned by Decedent to the Company."
Angus' mother made it quite clear that three essential matters needed to be taken care of without delay.
His contractual association with shoe company Puma was topping the list, which had yet to be finalized before he passed away.
She said, "appointment of a Special Administrator is needed to allow Petitioner to immediately respond to any potential claims of the breach or attempts to terminate the agreements, and negotiate and enter into possible amended agreements with the Brands."
Lisa's foremost concern was the ability to take legal action against companies using her son's image for financial gain. She explained that to file such complaints, she would have to act as administrator.
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