Menendez Brothers 2023
Courtesy/CDC

In Spanish

Nearly 35 years after murdering their parents, Erik and Lyle Menéndez—the brothers at the center of one of the most notorious criminal cases in U.S. history—may be closer than ever to being released. With potential legal advancements in their favor, a renewed question revolves around people's minds: what remains of the Menéndez fortune, and could the brothers benefit from it after all these years in prison?

A Million-Dollar Empire

José Menéndez, father of Erik and Lyle, was a Cuban-born businessman who, alongside his wife Kitty, built an entertainment industry empire. By 1989, the family's estimated fortune stood around $14 and $15 million. However, their lavish lifestyle in Beverly Hills, including a $5 million home and luxury expenses, rapidly eroded their wealth.

When Erik and Lyle were arrested and tried for their parents' murders in 1989, the family inheritance was left in limbo. After being convicted and sentenced to life without parole, most assets were frozen and largely liquidated to cover the brothers' legal defense costs. Over the years, these expenses drained the remaining funds, leaving a significantly diminished estate.

What Remains of the Menéndez Inheritance?

It is believed that little remains of the original fortune. Over time, the sale of properties has left only a fraction of the once-vast estate, with what's left possibly controlled by legal trusts set up to cover remaining obligations or to benefit distant relatives in the absence of other heirs.

Legally, the Menéndez brothers are still in their parents' line of inheritance, but complex legal barriers exist. Most U.S. states, including California, where the murders took place, have laws that prevent individuals convicted of murder from directly inheriting from their victims. However, since no civil actions were taken against them by family members and with possible sentence reviews underway, a narrow legal path may exist for them to claim whatever remains of the family's wealth.

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Could They Receive Any Money if Released?

If Erik and Lyle Menéndez are released, any financial access would hinge on the outcomes of appeals that might restore their inheritance rights. But even then they would face significant legal hurdles due to their convictions.

Some are suggesting that the Menéndez brothers could seek compensation through agreements or projects that tell their story. Streaming platforms, documentaries, and TV specials have shown interest in their case, which could present a potential income source if commercial deals are reached.

Ultimately, for Erik and Lyle Menéndez, the family fortune feels more like a lost story than a tangible reality. Yet, if they gain freedom, they may have a chance to reclaim a place in history that, so far, has left them with only distant memories of a wealth that was once theirs.

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