On Instagram, Candice Miller showed the world glittering parties and vacations. When her husband, Brandon Miller, died, he had $US33.6 million in debt and just $US8000 in the bank.
Brandon Miller might have been largely unknown if not for “Mama and Tata”, the Instagram account of his wife, Candice Miller. For years, she enticed a following of tens of thousands of voyeurs by sharing copious photos of their vintage-cars-private-planes-deep-sea-yachts lifestyle.
Nearly six months later, Miller’s widow, lawyers, lenders and courts are still untangling an extraordinary financial mess. As they do, the saga raises fundamental questions about the ease with which someone was able to convert a patina of ornate wealth into millions of dollars in loans.When Brandon Miller died – without a will – he had $US33.6 million in debt and just $US8000 in the bank, according to a court filing made by Candice Miller.
But the past is close behind. Although Miller told friends after her husband’s death that she had not asked him about his business affairs and had kept a distance from details of their personal finances, she has since been enmeshed in such matters. Legal filings show she is working with lawyers to wrangle the debts of her husband’s estate – those which she personally may be on the hook for and those which, so far, creditors have not made legal claims to tie her to.
His main asset was the Hamptons house – which was loaded with five mortgages totalling nearly $US12 million. It was placed on the market in August, with an asking sale price of $US15.5 million. Court records show that Candice Miller considered at least two offers for the house and its furnishings: one for $US12.8 million and the other for $US13 million. It sold this month, according to two people familiar with the transaction.
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