Why do people think actors are automatically rich? You'd be surprised ... I don't know his financial situation but it's a little naive to think he still has Generations money  

Also, correct me if I'm wrong, actors still get paid their guarantees even if they don't work. He probably didn't have the best salary, especially compared to his contemporaries, his negotiating power wasn't great because you know this show would be quick to drop him if he pushed back. And I'm sure his guarantee was also pretty low, 1-2 episodes a week?

21 minutes ago, Darn said:

Also, correct me if I'm wrong, actors still get paid their guarantees even if they don't work. He probably didn't have the best salary, especially compared to his contemporaries, his negotiating power wasn't great because you know this show would be quick to drop him if he pushed back. And I'm sure his guarantee was also pretty low, 1-2 episodes a week?

 

I'm pretty sure they get paid for their guaranteed episodes, unless that's changed. I imagine the guarantee was low. I mean, if he's guaranteed four episodes a month, if he appears in 2, I imagine he gets paid for the other two.

 

Unless we're all totally wrong on how that kind of thing works?

And let's not pretend that Sony/Y&R/CBS doesn't intend to try to make bank off of this real-life tragedy.  The ad space has already been sold at higher cost in anticipation of a higher viewer count.  

12 hours ago, Paul Raven said:

Well I am only going on what has been revealed. As others have stated there might be more money in other funds. Hopefully.

Yes he had 3 children and should provide for them - that is part of being a parent.

Soap actors earned fairly good money back in the day but unfortunately some people are not financially responsible, no matter what their income. Not saying this is true of Kristoff.

Acting is a precarious occupation and the saying 'Make hay while the sun shines' definitely holds true here.

As a fan of actors from the'Golden Age' its always interesting to read who prospered after their career wound down due to canny investing and  about those who were practically destitute due to unwise spending.

 

Agreed. It's also expensive living in Los Angeles. I imagine the majority of folks spend their money and don't save and invest. Not saying him, I have no idea, of course. (And again, not saying Kristoff, but it's easy to blow through cash when you have any sort of substance addiction ... not saying he did! just another example ...)

 

It's not like, say, Geoffrey Owens was set for life doing The Cosby Show back in the 80s and 90s ... not sure why folks assume being an actor on television affords them this great lifestyle where they are never hurting for money ... 

Okay 33k is a lot but to AE who has millions of customers and for them to write that off would be nothing

 

Im not upset that the estate may have to pay it, more that it was a news story. This isnt an attack on SON because im sure they were made aware of this story and chose to share it but my question who leaked the story inm the first place and could AE being trying to get publicity out of someone's death?

I have to agree, his debt shouldn't just be written off, that's just not how it works

1 hour ago, dragonflies said:

I have to agree, his debt shouldn't just be written off, that's just not how it works

 

+1