This undated photo released by the US Department of Justice shows Jeffrey Epstein and Ghislaine Maxwell. (US Department of Justice via AP) Jeffrey Epstein Estate Explained: Disgraced financier Jeffrey Epstein, who once had a large estate valued at $600 million, signed a document two days prior to his death in 2019 that gave away much of his fortune to his girlfriend at the time, the documents recently released by the US Justice Department show.
According to documents, Epstein, who was a convicted sex offender, had said that he contemplated marrying his girlfriend, Karyna Shuliak, who became the beneficiary of Epstein’s estate after he signed the document that gave away much of his once vast fortune, the New York Times reported.
A copy of the 32-page document, known as the 1953 Trust, was released by the Justice Department last month when more than three million pages of investigative files about Epstein were revealed.

However, it remains unclear about how much Shuliak and 40 other people mentioned in the document as potential beneficiaries would receive from Epstein’s estate, which has reduced significantly in the past seven years after paying lawyers fees, taxes and restitutions to victims.
At the time of his death, Epstein’s estate was valued at around $600 million. But in a recent court filing, the estate’s value plunged sharply to $120 million.
The trust, which has been named after Epstein’s birth year, has never been made public before. The convicted paedophile’s then girlfriend Shuliak, 36, is projected to receive $100 million and it includes a $50 million annuity that is slated to be set up for her benefit.
The documents also state that she would receive much of Epstein’s property but the estate has sold most of the residences owned by the disgraced financier.
The two other beneficiaries listed in the documents who have a share in the deceased sex offender’s trust are Epstein’s personal lawyer Darren Indyke and his in-house accountant, Richard KRichard Kahnahn.
Both Indyke and Kahn are co-executors of Epstein’s estate. The trust is poised to provide $50 million to Indyke and $25 million to Kahn.
In the documents released by the Justice Department, Shuliak has been named several times by her name. A native of Belarus, documents revealed that Shuliak knew Epstein since 2012 and that the disgraced financier paid for her to go to dental school. Currently, she reportedly resides in New York City.
Daniel Weiner, who is a lawyer for Epstein’s estate, has said that neither Kahn, nor Indyke or any other beneficiaries mentioned in the documents “will receive any money from that estate unless and until all creditors and claims on the estate have first been satisfied in full, including claims for compensation made by women who suffered abuse at Mr. Epstein’s hands,” NYT reported.
Among the 40 names mentioned in the documents released by the Justice Department who are reportedly said to be the potential beneficiaries of sex offender Epstein’s estate include: