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

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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The Cast Of Here Comes Honey Boo Boo Has Not Spent ANY Of Their Wealth…Because It's All Gone Into Trust Funds For The Kids!

honey boo boo cast money goes into trust funds for children

America can say what they want about the stars of Here Comes Honey Boo Boo and their reality television personas, but one thing they CANNOT argue is that the family matriarch, Mama June, is NOT looking out for her children!

That's right, although there was some confusion about how much TLC pays the reality stars, we now know that they make in between $15,000 and $20,000 per episode!

But don't worry!

NOT A DIME has been spent, because

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Bobbi Kristina For The Win! Cissy Houston Lets Her Receive Trust Fund As Whitney Houston Intended!

cissy houston drops legal request to change bobbi kristina trust fund payment plan

Even though Cissy Houston had hoped to prevent Bobbi Kristina from getting her mother Whitney Houston's money, out of fear that such a large amount of money would send her granddaughter down the same path that ultimately took the iconic singer's life earlier this year, it appears that a resolution between the pair has finally emerged!

And ultimately, it's Bobbi Kristina who is taking home the win…and a SERIOUS chunk of change!

Brown was allegedly furious with her grandmother and aunt Pat Houston, who are co-executors of Whitney's estate, after the filed legal documents hoping to alter the distribution of funds so the 18-year-old would not receive "too much too soon," but sources close to the family have revealed that

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Tom Cruise & Katie Holmes Agree Suri Should Be Set For Life

Say what you will about Tom Cruise & Katie Holmes, but one thing you can't say about the two - they're not good parents.

TomKat may be neutered, but that doesn't mean Suri's life isn't the cat's meow.

The divorced parents will be leaving a large sum of moneys in their daughter's trust fund account, which the little girl will gain access to when she's 18, but won't fully be able to use until she's well in her 30's.

Here's what a source said:

"Katie wanted the trust fund put in place for Suri so that their daughter will be able to tap into after she turns eighteen years old. Katie has absolutely no access to the money and didn't want to. She just wanted to ensure that Suri would have financial security as she becomes an adult. It's a sizable trust fund, but Suri won't be able to fully legally claim it until she is in her 30s. Tom had no problem with the request and planned on doing it for Suri anyway."

Like we've mentioned previously - it's never easy for a child to go through a divorce, but it sure does help when financial matters are not a huge concern.

Major props to this former man and wife for getting their parenting done right!!!

[Image via Ramey Pix.]

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Hugh Grant Won't Give His Baby A Trust Fund

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Even though Hugh Grant says that he "likes" his new daughter "very much," he unfortunately (for her) doesn't like her enough to spoil her.

And when we say "spoil," we mean he has no intention of setting up a trust fund, which is weird considering

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Frances Bean Dips Into That Cobain Trust Fund, Buys $2 Million Home In The Hills!

frances bean new home frances bean new home 02

It's good to be a free woman, isn't it Frances?

Check out the photos (above, and below) of 19-year-old Frances Bean's newly purchased $2 million Hollywood Hills home, which she bought with trust fund money from her late father Kurt Cobain.

The gorgeous home is 3,350 sq ft with 4 bedrooms and 3.5 bathrooms. It also contains the following exciting features:

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Michael Jackson's Estate To Give $30 Million To His Mother And Children!

michael-jacksons-estate-money-going-to-his-mother-and-children

This is exactly where the money SHOULD go!

As of December of 2010, Michael Jackson's Estate has made more than $310 million in gross revenues, and the co-Executors John Branca and John McClain are reportedly using a portion of that to fund - $30 million, to be exact - to the deceased pop icon's trust for Katherine Jackson and his three children!

They've also asked the court's permission to sell the family home in Encino, which was valued at $4,150,000 when Michael died!

We're just happy to see that his children will be taken care of!

They've certainly been through enough - they deserve to have some financial support as they grow up!

[Image via WENN.]

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