Fashion Designer Rebecca Minkoff Reveals She Has 'Floozy Clause' in Will
April 3, 2025 – ArticleMarc M. Stern, Private Client Services Partner, authored the article "Fashion Designer Rebecca Minkoff Reveals She Has 'Floozy Clause' in Will" published in WealthManagement.com. He discusses the estate planning considerations behind Rebecca Minkoff’s so-called “floozy clause,” explaining how unique trust provisions like hers can protect assets for children while navigating complex tax rules and family dynamics.
Excerpt:
In a recent Trading Secrets podcast, fashion designer Rebecca Minkoff revealed that she has a special provision in her trust in case she divorces or dies before her husband, Gavin Bellour. Rebecca explained that their will contains a so-called “floozy clause,” that states if her husband decides to move on “with some new hot young thing” after she dies or they divorce, all her assets immediately go into a trust for the kids, making sure the new partner gets none of her hard-earned money.
