The Future of Matthew Perry's 'Friends' Residuals and Legacy

Matthew Perry, known for his role as Chandler Bing on the sitcom "Friends," reportedly earned $20 million a year in residuals from the show. Following his death, the fate of his "Friends" residuals depends on whether he named beneficiaries or a trust. If not, California's intestacy laws will determine the distribution, likely favoring his parents and half-siblings. Perry's estate may also include charitable contributions, as he was involved in philanthropic endeavors. Estate planning is crucial for high-net-worth individuals to avoid complications and taxes.