The Impact of Matthew Perry's Death on the 'Friends' Cast and Residuals

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Source: CNBC
The Impact of Matthew Perry's Death on the 'Friends' Cast and Residuals
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TL;DR Summary

Matthew Perry, best known for his role as Chandler Bing on the sitcom "Friends," reportedly earned $20 million a year in residuals from the show. With his passing, the fate of his "Friends" residuals depends on whether he named beneficiaries or established a trust. If not, California's intestacy laws will determine the distribution of his estate, likely starting with his parents and then his half-siblings. Perry's estate may also include his 2022 memoir and other assets. Additionally, Perry's philanthropic interests may have influenced his estate plan, potentially directing some of his wealth towards charitable causes.

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