(NewsNation) — A criminal defense attorney says the IRS will keep Ron Goldman’s family from seeing any of the money owed to them after O.J. Simpson’s estate executor agreed to a settlement.

“The IRS is going to take their share and they’re going to be first in line,” Mark Geragos told “Banfield” in a Monday show appearance. “And after they take their share with penalties and interest, there is going to be absolutely nothing left. It’s not collectible in the least.”

Court documents showed last week that Simpson’s estate filed court documents agreeing to pay a sum of $58 million. In 1997, a California judge found Simpson liable for the deaths of Ron Goldman and Nicole Brown in a civil case. He was ordered to pay Fred Goldman, Ron’s father, and Brown’s family $33.5 million.

In 2021, a Las Vegas judge ordered Simpson to pay the Goldmans nearly $58 million. However, Simpson managed to avoid paying any of the judgment until his death last year.

“As (Fred) Goldman said in the file, it’s really meaningless because there’s nothing there. So it’s unfortunate because the Goldmans did get a verdict,” Geragos added.

Simpson’s estate executor knew there was no money left: Geragos

Geragos speculated the agreement by Simpson’s estate executor to pay Goldman seemed to be well timed. Why?

“The money’s run out, and the executor probably thought to himself, ‘Why am I fighting this? There’s nothing left to pay me, let alone them,'” Geragos said. “What’s the point? Honestly, I mean, it makes sense to me.”

Asked if Nicole Brown’s family might see any of the money from whatever is left in the estate, Geragos said they certainly would have a right to participate if they had a valid judgment.

“Remember, because of the age of the judgment, one of the things that happens is you have to renew the judgment every number of years in most jurisdictions, and you have to get it domesticated for wherever the probate is,” Geragos explained.

“So, it’s a lot of that is legal mumbo-jumbo. If you kept it alive and you waited OJ out, then you have the possibility of participating. But if what is reported is true and there’s less than $1 million, the professionals can eat that up in no time.”

The next court date in the probate case was scheduled for January.