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Robin Williams Trust Fund for Children Revealed - Zachary, Zelda and Cody's Inheritance

By Staff
Aug 13, 2014
Robin Williams

The trust fund Robin Williams had in place for his children has been revealed and it is reported that the money is released as each of his children reach certain ages.

The 'Insomnia' actor - who was recently found dead in an apparent suicide - set up a document in 2009 to look after the finances of his three kids, 31-year-old Zachary, 25-year-old Zelda and 22-year-old Cody but ensured they only received a monetary legacy in stages, and it wasn't dependent on his death.

According to website TMZ, when each of the children - who are from Robin's first two marriages - turned 21, they received a third of their settlement, and four years later were given half of what was left over.

So far, only Zachary has received his full share because the final installment is only handed over when the children turned 30.

It is unclear how much money is in the trust, but the website reports there is a ''significant'' amount outside of it and the 'Mrs. Doubtfire' star's third wife, Susan Schneider, will receive a large chunk.

Last year, the 'Hook' actor gave an interview in which he claimed he was selling his $35 million estate as his two divorces had left him on the brink of bankruptcy.

Meanwhile, Zelda has posted a touching tribute to her father on Instagram.

She posted a quote from 'The Little Prince' writer Antoine de Saint-Exupéry, which read: ''You - you alone have the stars as no one else has them ... In one of the stars I shall be living. In one of them I shall be laughing. And so it will be as if all the stars are laughing, when you look at the sky at night. You - only you - will have stars that can laugh.''

She added underneath the quotation: ''I love you. I miss you. I'll try to keep looking up.''

© Bang Showbiz

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