Sanjay’s death was a big shock for Karisma, before his death he used to get crores every month! Sanjay Kapoor

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The Aftermath of Sanjay Kapoor’s Death: A Tale of Love, Money, and Family

The recent death of Sanjay Kapoor has sent shockwaves through the Bollywood community and beyond, particularly affecting his ex-wife Karisma Kapoor and their children. Before his untimely passing, Sanjay was known for his substantial monthly financial support to Karisma, which amounted to crores of rupees. This article delves into the implications of his death on the financial arrangements established during their tumultuous divorce, the custody of their children, and the fate of the family’s wealth.

A Brief Overview of Their Relationship

Sanjay Kapoor and Karisma Kapoor’s marriage in 2003 was initially celebrated as a union of two prominent families in the Indian film industry. Karisma, though experiencing a dip in her acting career, was a well-known figure, while Sanjay hailed from one of Delhi’s wealthiest business families. Their wedding was grand, but over time, the relationship soured, leading to a bitter divorce.

By 2010, the cracks in their marriage were evident, and Karisma moved to Mumbai with their children, while Sanjay continued to manage his business in Delhi. The couple filed for divorce in 2014, a process complicated by disputes over child custody and financial settlements.

The Divorce Settlement

The divorce proceedings were contentious, primarily revolving around the custody of their two children. Karisma sought full custody, while Sanjay wanted to spend a few months each year with them. After prolonged legal battles, the divorce was finalized in 2016, with several key financial arrangements established.

Child Custody: Karisma was awarded full custody of their children, with Sanjay granted visitation rights for a few months each year.
Financial Support: Sanjay had invested ₹14 crores in bonds, which were placed in a trust for their children. These bonds generated approximately ₹1 lakh monthly, which Karisma received to cover the children’s education and living expenses. This arrangement ensured that the children’s needs were met without financial strain on Karisma.
Property Settlement: As part of the settlement, Karisma was also given a flat in Mumbai’s upscale Khar area, valued at over ₹10 crores at that time. Reports suggest that she received a lump sum payment of around ₹70 crores, although this figure remains unconfirmed.

These provisions were designed not only to support Karisma but also to secure a stable future for their children in the absence of their father.

The Financial Implications of Sanjay Kapoor’s Death

With Sanjay’s death, questions have arisen regarding the future of these financial arrangements. The bonds set up in the trust continue to benefit the children, and Karisma will still receive the monthly interest payments until the children reach adulthood. Once they turn 18, the principal amount will be transferred directly to them.

Currently, Karisma is believed to receive around ₹10 lakhs monthly, specifically allocated for the children’s expenses rather than her personal use. The flat transferred to her during the divorce is now fully owned by her and has appreciated in value, currently estimated at ₹20 crores.

Inheritance and Estate Distribution

Sanjay Kapoor’s will has become a focal point of discussion following his death. It is reported that the majority of his assets will be inherited by his current wife, Priya Sachdev, and their son, Azar. The will, documented by Sanjay’s lawyer, specifies that Karisma and her children are entitled only to the financial arrangements made during the divorce, primarily the bonds.

This raises significant questions about the future claims of Karisma’s children on Sanjay’s estate. If all legal documents were properly executed and no fraudulent activity occurred, Karisma’s children may have limited options for contesting the will. However, if there is evidence that Priya manipulated the will under duress, a legal challenge could be possible.

Legal Challenges Ahead

The legal landscape surrounding Sanjay’s estate is complex. While Karisma retains ownership of the flat and the financial support from the bonds, any additional assets Sanjay acquired after the divorce are likely to go to Priya and Azar. There are also reports of shares that Sanjay intended to transfer to his children, which were not included in the will. This omission could lead to disputes, especially if the children wish to claim these assets.

Kareena Kapoor, Karisma’s sister, has not publicly commented on the situation but is reportedly in close contact with Karisma, advocating for her sister and her children’s rights. Although Kareena does not have a direct legal standing in this matter, the Kapoor family may choose to address the issue collectively, potentially leading to public statements or actions.

The Role of Priya Sachdev

Priya Sachdev’s involvement in Sanjay’s life post-divorce has drawn scrutiny, with some accusing her of isolating Sanjay from his first family. However, it is essential to recognize that after the divorce, Sanjay and Karisma maintained limited communication, primarily concerning their children. Despite the allegations, Sanjay ensured financial support for his children through the trust, which reflects his commitment to their welfare.

Future Considerations

As the children grow, questions about their future decisions loom large. Samaira, now 19, and Kiaan, nearly 14, may decide to challenge the will or seek further claims to their father’s estate. The coming months will reveal whether they choose to pursue legal action and whether the Kapoor family will support their endeavors.

Interestingly, Karisma’s lawyer recently mentioned that Sanjay had expressed intentions to gift a property to his son, Kiaan. If this claim can be substantiated, it could open new avenues for legal claims, but pursuing such a case may take years and require extensive legal battles.

Conclusion

The story of Sanjay Kapoor, Karisma Kapoor, and their family is one intertwined with love, loss, and legal complexities. As the dust settles on Sanjay’s passing, the focus shifts to the future of his children and the legacy he leaves behind. Will Karisma seek further legal recourse? Will Kareena step in to advocate for her sister? Only time will tell how this high-profile family navigates the challenges ahead.

As the Kapoor family faces these pressing issues, the public remains intrigued by the unfolding drama, eager to see how love, money, and family dynamics will shape the next chapter in their lives.

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