A recent report claims that the late actor, Robin Williams had some serious financial issues in his final years. He also was wary of his children’s spending habits. However, a new report claims that the late actor had no ‘Serious Money Troubles’ and the report about his financial issues is false.
Robin Williams wanted the best for his kids, but he was also careful lest they waste away all the wealth and then end up in penury. His children who are full-fledged adults by now have a trust created by Robin in their names in 2009.
TMZ has obtained Robin's trust details which reveals that "his kids, 22-year-old Cody, 25-year-old Zelda and 31-year-old Zachary received money ... but in steps."
They comprise Cody, Zelda and Zachary. According to Robin’s will, at 21 years of age his kids got 1/3rd of his wealth. And when two consecutive half decades got added to their lives, they would get one half and the full remaining amount respectively.
By the way, Robin didn’t want his kids to suffer so he wanted them to get his wealth while he was alive. Unfortunately, depression and suicide claimed his life at 63 year of age.
Cody and Zelda have yet to receive their full share from the trust. As for his wife, Susan Schneider, she will be making her claim from the trust as well.
Robin Williams's wife also released a statement on his beloved husband's death. "This morning, I lost my husband and my best friend, while the world lost one of its most beloved artists and beautiful human beings. I am utterly heartbroken," Schneider said.
"On behalf of Robin's family, we are asking for privacy during our time of profound grief. As he is remembered, it is our hope the focus will not be on Robin's death, but on the countless moments of joy and laughter he gave to millions."
The exact amount of money in the trust is something which remains undisclosed. Although Robin had money amounting to $130 million in the bank two years ago, he was probably close to insolvency due to his two expensive divorces.
“Divorce is expensive,” he recently said. “I used to joke they were going to call it ‘all the money’, but they changed it to ‘alimony’. It’s ripping your heart out through your wallet.”
Robin reportedly had serious money issues in the last days of his life. He was worried sick for his family’s financial future. “All he could talk about were serious money troubles,” a family friend who had spoken to Williams recently, told RadarOnline.
“There were clearly other issues going on and Robin sounded distant during the telephone conversation. Robin was known for being so generous to his friends and family during the height of his success, and would help anyone out that needed it.”
“There was also frustration that Robin expressed at having to take television and movie roles he didn’t want to take, but had to for the paycheck,” the source said, referencing his recently announced decision to film Mrs. Doubtfire 2.
“Doing sequels was never Robin’s thing, and he wasn’t that excited at having to reprise the role of Mrs. Doubtfire, which was scheduled to start filming later this year.
“The idea of having a steady job is appealing,” Williams told Parade Magazine in an interview last year. “There are bills to pay. My life has downsized, in a good way.”
Robin was even doing some acting stints just for the paychecks they offered. He wanted to be able to pay the electricity, water and gas bills.
"He has been battling severe depression of late," his media representative Mara Buxbaum told CNN. "This is a tragic and sudden loss. The family respectfully asks for their privacy as they grieve during this very difficult time."
And Robin's depression was said to be increased with the cancellation of CBS show The Crazy Ones just a month after its debut in April. “Robin slipped into a deep depression,” the source said.
“He felt embarrassed and humiliated that the show had been a failure. It was very hard for Robin to accept. Here he was in his sixties, and forced to take a role on television for the money. It’s just not where he thought he would be at this point in his life.”
This in addition to his addiction probably led to the depressive and anxious state which ended in suicide. However, a recent report from Gossip Cop claims that RadarOnline report is false. Gossip Cop spoke to a friend of Williams, “who made it clear that any talk of financial woes are 'inaccurate' and 'not fair.'”
“Sure, Williams was generous with loved ones and lost a lot of cash in his divorces to Valerie Velardi and Marsha Garces, but he was still a very wealthy man, by all measures.”
And his friend also said that William’s problems “were definitely not related to money.”According to a statement from the Marin County, California, Sheriff's Office, Coroner investigators suspect "the death to be a suicide due to asphyxia."
Robin Williams' last tweet and Instagram pic is given below.
President Barack Obama issued a statement on death of Robin Williams. White House issued the following statement:
"Robin Williams was an airman, a doctor, a genie, a nanny, a president, a professor, a bangarang Peter Pan, and everything in between. But he was one of a kind. He arrived in our lives as an alien -- but he ended up touching every element of the human spirit. He made us laugh. He made us cry. He gave his immeasurable talent freely and generously to those who needed it most -- from our troops stationed abroad to the marginalized on our own streets."
As for the reactions of stars, fans and family upon his suicide, it was one of stunned horror and extreme shock. He had always been known as the laughing comedian and it was quite a contrast to discover that his personal life was a tragic one.
I could not be more stunned by the loss of Robin Williams, mensch, great talent, acting partner, genuine soul.— Steve Martin (@SteveMartinToGo) August 11, 2014
Former CNN host Larry King said he would remember Williams as "a genuine caring guy. Not just a funny man, but a guy who cared about people."
Meanwhile, Sarah Michelle Gellar aka Buffy the Vampire Slayer appeared with Williams on The Crazy Ones and spoke of him in laudatory words as the father she always dreamt of.
No words.— Billy Crystal (@BillyCrystal) August 12, 2014
BillyCrystal is right...There are No words— Whoopi Goldberg (@WhoopiGoldberg) August 12, 2014
The two had a mentor and apprentice relationship on the show and Sarah’s children absolutely adored him. In the end all we can say is that may Robin William’s soul rest in peace. He was a beautiful human being indeed.
Robin Williams made the world laugh & think. I will remember & honor that. A great man, artist and friend. I will miss him beyond measure.— Kevin Spacey (@KevinSpacey) August 12, 2014
My Heart's broken. Robin was a beautiful, kind soul. Can't bear that he's gone. So incredibly sorry for his family.— Minnie Driver (@driverminnie) August 11, 2014
I am named after a character from a Robin Williams TV show when my parents still lived in Africa. He meant so much, to so many, so far away.— Mindy Kaling (@mindykaling) August 12, 2014
Robin was as sweet a man as he was funny. If you're sad, please tell someone.— Jimmy Kimmel (@jimmykimmel) August 11, 2014