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.]
Tags: business blitz, cody, dead, family, money, perezcious parenting, r.i.p., robin williams, robin williams photos, sad sad, susan schneider, trust fund, zachary, zelda