I am a Tracy Anderson member and Candice and I had our children at around the same time. So many around her envied her and she had a bit of a reputation as being a mean girl but to be honest she was always nothing but nice to me. She carried herself no differently than any other NYC power mom. I think as someone noted, this couple grew up privileged and these recent financial times could only really be expertly navigated by those with more resilience that comes from having real life problems to solve independently. It seems like Brandon never had to do that until his dad passed away. |
Is she has creditors then they can get the life insurance |
In general, life insurance is a wonderful thing, but it seems like here, the existence of the $15M policies actually incentivized him to kill himself.
If the policies didn’t exist, I wonder if he still would’ve gone this route. I think he took comfort in knowing his family would be taken care of financially. Apologies if this sounds insensitive. Just trying to make sense of a really tragic situation. |
I think she’s gorgeous. |
So it depends on whether she was personally liable for any of their debts. If she really didn’t know anything about their dire financial state, she probably wasn’t on those debts. |
She looks like a larger (I don't mean heavy, just taller/not as crazy skinny!) version of the lady in the Sex Life show on Netflix to me. |
How could she not be on them? Some of it is for the furniture she used daily. And they were married. Ignorance is not an excuse unless it's a separate business account. |
Candice was not a power mom. She dragged her children from the UES to Water Mill to Capri buying status on the backs of otters' labor. She is a narcissistic grifter who is incapable of passing on morals to her children. All those children have learned from their parents is that your worthiness is directly related to your wealth and that keeping up appearances is more important than honesty or friendship. Her husband's father hid money from lenders and her husband sued his own mother at one point when their agreement on how to protect the assets fell through. Both of them appear to be multiple generations removed from hard work. What an incredible waste. This is why you should not insulate your kids from failure, this is why you should teach your children that money and social status are mutable and do not confer worthiness, and why you should teach your children to work hard and live within their means. And for the love of G-d, teach your kids social media is fake and a waste of time. |
It sounds like he was the only one with income (or perceived income). So it’s possible he accrued the debt in his name alone, secured by his own (assets? Income? Fraud?). Seems wild though that she could live this lavish lifestyle, have all debt erased, and come out with $15M. Just crazy all around. |
She didn't have an income other than maybe a trust but their assets (house, boat, potentially life insurance) are going to creditors. I imagine she will also need to pay taxes on the life insurance. |
This is actually very insightful parenting advice you wouldn’t expect on an entertainment forum! |
No . . . they cannot. |
Life insurance is not taxed |
I truly can’t believe this story. I knew who she was years before this because of her family connection to Arielle Charnas but I never followed her because her life seemed too good to be true. Truly perfect in a way that is not relatable at all. She herself is gorgeous and so skinny. 2 cute kids, a super rich and successful husband who lives to spoil her endlessly. They lived more like billionaires than any other influencers on Arielle’s level. I assumed it was all family and real estate money. I believed the fantasy 100%.
I feel so sad for her. |
Assets go to creditors. She will retain LI. Just look it up. |