Hulk Hogan's widow Sky Daily, accused of locking down his estate, could inherit millions after his sudden passing

Hulk Hogan passed away after a cardiac arrest on the morning of July 24. Even after almost 30 minutes of trying to revive him, paramedics faced failure, and he was pronounced dead after arriving at the hospital.

At the time of his passing, Hogan was assumed to have a $25 million net worth, which also included his $11.5 million mansion in Clearwater, Florida, alongside his multiple business ventures.Now, recent chatter on the matter is that his widow, Sky Daily, could inherit 30% of his assets, which could lead to trouble with Hogan's children. Meanwhile, Daily has allegedly locked his estate within hours of his passing, which could also block legal claims from his two children - Brooke and Nick, on his assets.

Sky Daily set to inherit 30% of Hulk Hogan's assets after his death

Under Florida law, as his legal wife at the time of passing, Hulk Hogan's widow, Sky Daily, is set to inherit 30% of his assets after his death. Whether or not he updated his trust or will before his sudden passing, as his current wife, Daily is entitled to one-third of his assets according to Florida’s spousal elective share law. As explained by Estate law expert June Frederiksen:“Even if Sky was left out of his estate and he didn’t update his trust since they married, she would still get a spousal elective share, which she is entitled to 30% in Florida.”

Hogan had allegedly set up a revocable as well as a personal trust, to keep his estate out of court. But if any particular assets were not placed in the trusts, or if someone wants to contest the terms, the matter will inevitably end up in the court. His two children - Brooke and Nick, and his third wife, Sky Daily, are all entitled to his fortune and have the right to contest any terms.

Sky Daily has put a lockdown on Hulk Hogan's $25 million estate

According to The Bubba the Love Sponge Show, the host, who had been a close friend of Hulk Hogan for a long time, shared on the July 25 episode that Hulk's widow, Sky Daily, has put a lockdown on his multi-million-dollar estate within six hours of his death. Reading out from a report, he said:“So let me—I mean Jean—I think they were mad because I knew they were going to start doing stuff like this.

This is a report that we got this morning. It says: ‘Within 6 hours of Hulk Hogan’s death, his wife Sky Daily made three shocking moves to protect his remaining $25 million estate from outsiders.’”

He further added:“There’s reportedly $26 million up for grabs—not including another 25 to 30 in real estate. Shouldn’t that go to Nick and Brooke and the wife and the grandbabies?”According to the report, as revealed by Bubba, Sky Daily has taken immediate measures to keep Hulk Hogan's estate out of the reach of his children and grandchildren.

She allegedly had Hogan create an estate trust where all his EWE shares, music rights, real estate, and other endorsements were moved into. And this trust can only be inherited by her or their children.While Daily and Hulk have no children, she stands to be the sole person to inherit his massive estate, as she has allegedly taken legal measures to block any claims from the Hulkster's children from his previous marriage. It is also to be noted that after his first divorce, Hulk has been estranged from both his children, especially his daughter Brooke, who herself had twins earlier this year. Also Read: From Ric Flair's breakdown to a despondent Vince McMahon, WWE stars mourn the passing of legendary wrestler Hulk Hogan