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Robin Williams Did Everything For His Kids - He Even Prepared Them For Life Without Him

| Filed under: R.I.P.Sad SadBusiness BlitzRobin WilliamsFamilyPerezcious Parenting

robin williams trust fund kids money matters

Unlike Philip Seymour Hoffman, Robin Williams found it important to set up a trust fund for his kids, whether he was alive or not.

But he also worried that they may not have been mature enough at 21 years old to handle getting a large sum of money, so he broke it up!

In 2009, Robin decided that at 21 years old, each of his three children — Zachary, 31, Zelda, 25, and Cody, 22 — would get 1/3 of their money on their 21st birthday. Then, at 25 the kids got half of the remaining money, and at 30 years old, they got the rest.

So, at least they’ll be taken care of.

As for the rest of Robin’s cash, it’s expected that his wife Susan Schneider will get a lot of it, but it not clear how much that will be.

In 2013, the comedian revealed that because of his two expensive divorces, he was possibly going to have to declare bankruptcy, even though he was valued at $130 million in 2012.

Really though, in the wake of such a sudden and tragic loss, money is probably the last thing on his family’s minds. But it’s good to know that the kids’ dad took care of them.

[Image via WENN.]

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3 comments to “Robin Williams Did Everything For His Kids - He Even Prepared Them For Life Without Him”

  1. 1

    And this is our business…. why exactly?

  2. Kay says – reply to this


    I find this to be an insensitive article.

  3. Jen says – reply to this


    Um, aside from the fact that the content of this article should've been kept as a private family matter, WHY did you find it necessary to bring Philip Seymour Hoffman's name into it? They are two completely unrelated matters, and it is incredibly insensitive to compare one against the other especially in such a derogatory manner. Publicly judging a mans dedication as a father strictly based off of rumor and media speculation is completely tasteless and shows why you are no journalist, just some insecure millennial loser with a blog. Additionally, Philip Seymour Hoffman did not actively choose to take his life, it was a result of an accidental drug overdose, unlike Robin Williams which was a premeditated suicide. So making the inference that Hoffman was a bad father for not having a plan for his children is not a fair comparison to such a situation.