Lou Reed’s estate, worth over $20M, bequeathed to wife and sister, executors say

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FILE - This March 24, 2011 file photo shows musician Lou Reed at the Metropolitan Opera\'s premiere of "Le Comte Ory" in New York. Reed left an estate worth over 0 million, his executors said in a new court filing that provides a glimpse of the value of the musical rights and other assets he acquired during a more than 40-year career. Reed’s executors _ his business manager and accountant _ have tallied 0.3 million worth of copyrights, music-publishing interests and other assets, they said in court papers filed Monday, June 30, 2014, in Manhattan. Reed died Oct. 27, 2013, of complications from a liver transplant. (AP Photo/Evan Agostini, File)

NEW YORK, N.Y. – Lou Reed’s estate is worth over $20 million, and it’s bequeathed to his wife — musician Laurie Anderson — and his sister.

Reed’s executors value musical rights and various other assets in his estate at $20.3 million in court papers filed Monday in Manhattan.

The sum doesn’t include the East Hampton, New York, home Reed bought for about $1.5 million in 2009 or his Manhattan apartment in a building where apartments sell for millions.

Reed’s lawyer and one of his executors didn’t immediately return calls Tuesday. The filing is part of the legal follow-up to Reed’s will, filed in November.

The Velvet Underground frontman and “Walk on the Wild Side” singer died Oct. 27 of complications from a liver transplant. He was 71 and had no children.

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