We now know the approximate value of the late Linda Bean’s estate.
The L.L. Bean heiress’ estate paid a $62,200 filing fee with Knox County Probate Court on Monday, which the Courier Gazette estimated places the value of Bean’s holdings at about $122 million.
The will, filed Thursday, doesn’t list the value of her estate.
Bean left her tangible personal property and the remainder of her estate to the Linda L. Bean Revocable Trust.
Bean’s three sons — Jason Clark of Port Clyde, Nathan Clark of Tenants Harbor and Kevin Clark of Port Clyde — as well as the estate’s representative Veronika Carlson of St. George and certified public accountant Benjamin Lombard of Portland as trustees.
Her estate had sought to seal the will and other records from becoming public documents.
Earlier this month, the Portland-based law firm Verrill Dana LLP filed the request behalf of Carlson, who also is president of Linda Bean’s Perfect Maine.
On May 6, Knox County Probate Judge Carol Emery denied the request, saying that if Bean wanted to keep her will and other estate records from remaining public documents, she could have addressed that in her estate planning.
The will was dated Aug. 21, 2022.
Bean died March 23 at age 82. She founded the companies Linda Bean’s Perfect Maine and Linda Bean’s Maine Lobster, among other business ventures on the state’s midcoast. She was the granddaughter of L.L. Bean founder Leon Leonwood Bean.
Beyond business, the L.L. Bean heiress supported several philanthropic organizations and even made bids for political office, unsuccessfully vying for the Republican nomination for the 1st Congressional District in 1988 and then losing a general election bid for that same seat in 1992.
