Robin Williams' family reaches settlement in estate battle

Los Angeles: Funnyman Robin Williams' family has reached a settlement in his more than USD 100 million worth estate fight with the kids getting "majority" of the items they demanded, including his Oscar statue.

Robin's widow, Susan, and his children from his previous marriage reached a settlement after she dropped her petition on Friday, October 2, reported People magazine.

Susan is allowed to keep some of Robin's items she previously requested. Lawyers for Susan said in a statement, "Mrs Williams is able to keep the few emotional items she requested, such as their wedding gifts, selected clothing items, a watch Robin often wore, plus the bike she and her husband bought together on their honeymoon."

The three children, Zelda Williams, Cody and Zachary, "will receive the vast majority of the items they demanded, such as more than 50 bikes and over 85 watches, as well as thousands of never-disputed items like Robin Williams's Academy Award statue," read the statement.

The statement also noted that Susan would remain in the home she shared with Robin in San Francisco Bay Area and receive living expenses for her lifetime. It read, "With an overall estate estimated at more than USD 100 million, Mrs Williams will be receiving only a fraction of the overall estate, representing those funds sufficient to allow her to remain in the home for her lifetime."

Susan said, "While it's hard to speak of this as a win, given it stems from the greatest loss of all, I am deeply grateful to the judge for helping resolve these issues. I can live in peace knowing that my husband's wishes were honoured."

Robin committed suicide last year. He was 63. The star was honoured with an Oscar in the best supporting actor category for his performance in "Good Will Hunting" (1997).