Lou Reed's Will Leaves Everything to His Wife and Family

The Velvet Underground frontman's bequest is endearingly conventional

Lou Reed, Laurie Anderson, will, estate
Lou Reed and Laurie Anderson in 2010 Photo by Brendon Thorne/Getty Images
Marc Hogan WRITTEN BY
Marc Hogan

"Sometimes, you have to be hip enough to be square," Lou Reed once told legendary music/art critic Dave Hickey. Fittingly, there's nothing avant-garde about the former Velvet Underground singer's last will and testament. As the AP reports, Reed left his estate to his wife, musician Laurie Anderson, and other family members after his death at age 71 on October 27. A filing in a New York City court wills most of Reed's belongings, including a Manhattan penthouse and a house in the Hamptons, to Anderson, who married him in 2008 after years together as a couple. About 25% of the state goes to Reed's sister, with a $500,000 bequest for their mother's care. It's as Anderson wrote in an obituary: "Lou was a prince."

More Lou Reed coverage on SPIN:

Lou Reed, R.I.P.: Hear His Legacy in 15 Tracks
Lou Reed: A Critical Discography
The SPIN Interview: Lou Reed
Lou Reed's New York City: The Velvets' Stomping Grounds, Today
Five Great Rap Songs That Sample Lou Reed or the Velvet Underground
Toesucker Blues: Robert Christgau's Farewell Salute to Lou Reed
Dave Hickey on Lou Reed: 'We Have Lost the Master of the Mundane and the Malicious'
The Little Giant: John Cameron Mitchell Remembers His Neighbor, Lou Reed
The Top 100 Alternative Albums of the 1960s

00:00 00:00 No Song Selected More info
00:00 00:00
placeholder
Now Playing
  • 1 Parkay Quarts — Uncast Shadow Of A Southern Myth " 06:27
  • 2 Digitalism — Second Chance " 04:53
  • 3 Bob Dylan — 900 Miles from My Home " 02:14
  • 4 Run The Jewels — Oh My Darling Don't Cry " 03:35
  • 5 Angel Olsen — May As Well " 02:39
  • 6 SQÜRL — Francine Says " 04:06

SPIN is a member of SPIN Music Group, a division of BUZZMEDIA