BUZZ: Was Ryan O'Neal Left Out of Farrah Fawcett's Will?

BUZZ: Was Ryan O'Neal Left Out of Farrah Fawcett's Will?
Ryan O'Neal and Farrah Fawcett
Jim Smeal/WireImage

11/17/2009 AT 06:50 PM EST

A love story until the very end, Ryan O'Neal stayed with Farrah Fawcett until her death from cancer. So how, then, does he react to reports that the actress left most of her estate to their son Redmond – and nothing to him?

"Farrah's and my relationship was based on a deep love and respect for one another and for our son Redmond," O'Neal says in a statement. "After discussing how her financial affairs would be handled in the event of her passing we agreed that our son Redmond would be the primary beneficiary of her estate. These were Farrah's wishes and I am perfectly happy with them."

He doesn't say what – if anything – Fawcett left for him, though O'Neal has noted in the past that he's financially well-off due to smart real estate investments over the years. He insists that what's important isn't money anyway:

"I sincerely hope that everyone will remember and celebrate the legacy that Farrah left behind, and will now let her rest in peace.”

Reporting by CHAMP CLARK

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