Lou Reed left estate to wife, sister

TORONTO — Musician Lou Reed left the bulk of his estate to his wife, performance artist Laurie Anderson, it was revealed Monday.

Reed died Oct. 27 of complications from a liver transplant earlier this year. He was 71.

According to a 34-page will filed in New York, the “Walk on the Wild Side” singer left their penthouse apartment on West 11th St. in Manhattan and their $1.5 million home in the Hamptons to Anderson, whom he wed in 2008 after many years together.

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Anderson, 66, also inherits Reed’s jewelry, art, cars, boats and touring company as well as 75 per cent of his estate.

Upon Anderson’s death, the fortune will transfer to his sister Margaret Reed Weiner and her three children.

Weiner, 66, inherits one-quarter of the estate as well as a $500,000 bequest for the care of their 93-year-old mother Toby.

The singer’s business manager Robert Gotterer and accountant David Gotterer will be trustees of the estate and will oversee the licensing and copyrights of his music catalogue.