How Did Olivia Newton-John Plan Her Estate?

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November 9, 2022 •  The Estate & Elder Law Center of Southside Virginia, PLLC
Olivia Newton-John would have celebrated her 74th birthday on September 26. The Cambridge-born star earned millions for her efforts in music and entertainment, and a staggering final act of charity saw Newton-John’s family splitting their inheritance with her charities.
Robert W. Haley, managing lawyer
Robert W. Haley
Certified Elder Law Attorney® Robert W. Haley brings over 27 years of legal expertise and knowledge to his firm, which concentrates solely on the areas of elder law, estate planning (Last Will & Testaments, Durable Powers of Attorney, Health Care Powers of Attorney, Living Wills, Trusts, etc.,.) Asset Protection/Medicaid Planning and fiduciary services. For many years, Robert practiced in real estate law, and in general practice, but decided to narrow his focus to elder law and estate planning when he realized the tremendous need for proper planning to be filled in Southside Virginia.

Olivia Newton-John was worth roughly $60 million at the time of her death on Aug. 8, 2022. However, she spent her last years giving as much as she could to charity, reports The Express’ recent article entitled “Olivia Newton-John fortune: Incredible final acts of generosity as inheritance split.”  How did Olivia Newton-John plan her estate? Did she make charitable donations? Below is what we know so far:

Newton-John was first diagnosed with breast cancer in 1992. The Australian singer underwent extensive treatment including a partial mastectomy and was given a clean bill of health. However, in 2013, she was told she had breast cancer a second time and once again she beat the disease, getting another all-clear after treatment.

Soon after her second diagnosis, the singer founded the Olivia Newton-John Cancer & Wellness Centre, which reportedly cost $189 million at a Melbourne hospital. In 2015, she founded the Olivia Newton-John Cancer Research Institute and in 2020 launched the Olivia Newton-John Foundation Fund which sponsors research in herbal cancer treatments.

In 2017, she was diagnosed with stage four breast cancer and began selling off parts of her impressive real estate portfolio which spanned multiple countries with all of the proceeds going towards her charities. She reportedly sold her incredible Australian home for $4.6 million.

Newton-John had originally purchased the 187-acre property in the eighties and rebuilt the home in the early 2000s.

Over the decades at the home, she is said to have planted 10,000 trees on the property and sold it with the intent that someone equally involved and loving of wildlife would continue her work.

She also wanted to sell her Californian horse ranch for $5.4 million. However, she later decided to instead live out her last days at the home and transferred the ownership as part of getting her personal and financial affairs in order, to her husband John Easterling.

The singer married actor Matt Lattanzi in 1984 and gave birth to their only child Chloe Rose Lattanzi, now 36. Newton-John got married to John Easterling in 2008, who is reportedly expected to inherit her fortune alongside Chloe.

Reference: The Express (UK) (Sep. 26, 2022) “Olivia Newton-John fortune: Incredible final acts of generosity as inheritance split”

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