The three children of Robin Williams could stand to inherit millions from the late comedian's estate, including an extensive Napa Valley winery that his real estate agent confirmed is still listed for sale at $29.9 million, though his debts are not known.
Though the actor, 63, admitted in interviews over the years that he had lost a significant amount of money from his divorces in 1998 and 2008, he still had significant assets.
When asked if he lost all his money from the separations, Williams told Parade Magazine in Sept. 2013, “Well, not all. Lost enough. Divorce is expensive. 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. Are things good with my exes? Yes. But do I need that lifestyle? No.”
Danielle Mayoras, attorney and co-author with her husband of the book Trial & Heirs: Famous Fortune Fights, said Williams had to get on his feet financially after payouts that were reportedly in the tens of millions of dollars.
Among his real estate holdings is the home in Tiburon, California, where he was discovered on Monday. He purchased the six-bedroom house in Dec. 2008 for more than $4 million, according to real estate records. With stunning views of the San Francisco Bay, the 6,500-square foot home was located on the water and had a three-car garage, according to a past listing on Zillow.com.
His Napa Valley estate has been listed since April 2014 for $29.9 million and the actor's tragic death will most likely not complicate the sale, his realtor Cyd Greer told ABC News today. Williams previously listed the property in 2012 for $35 million, but it failed to sell. The 650-acre ranch is on six parcels and includes a seven-stall horse barn, tennis court and four-bedroom guest house. The estate is dubbed Villa Sorriso, or "Villa of Smiles."
"He did have significant real estate holdings, but it appears that he was cash poor," Mayoras said, adding that Williams may have had hefty life insurance policies that would increase the estate's wealth upon his death, not to mention his ongoing royalties. The actor had appeared in over 80 movies as well as TV series and productions, Broadway, and voice-over work.
When asked about whether life insurance pays out in suicide, Andrew Mayoras, husband of Danielle Mayoras and co-author of Trial and Heirs, told ABC News, “Typically, yes, if the suicide happened more than two years after the date the policy was issued. Otherwise, no, only the premiums would be refunded, but it wouldn’t pay out.”
The details of the divorce agreements were private, though the press reported some details of the separations. People reported that Williams' second wife, Marsha, filed a divorce petition to end their 19-year marriage in March 2008, and she stayed in their San Francisco home while he moved out. The divorce was finalized two years later in 2010, US Weekly reports.
Commenting on how long it took to finalize the divorce, which was not covered in his book, Andrew Mayoras said: “It is an indication that the divorce, amount of alimony, and property settlement took them awhile to come to reach an agreement. In other words, this was most likely not an amicable divorce.”