• BREAKING NEWS ABC shows live and on-demand -- Download the WATCH ABC app!

OTRC: James Gandolfini's will: Most of $70 million estate goes to children

Details of the late James Gandolfini's will were recently revealed and it has been reported that his two children will receive the bulk of his estate, which is estimated to be worth $70 million.

The New York Post reports that Gandolfini's will was signed on Dec. 19, a few months after his now 8-month-old daughter Liliana Ruth was born, and filed in Manhattan on July 2. Gandolfini's 13-year-old son, Michael, will get a sizable amount of Gandolfini's estate, which will be kept in a trust fund until he turns 21.

Through the trust, Michael will get the first option to purchase Gandolfini's New York City condo, complete with a parking spot. Michael also inherits all of his father's clothing and jewelry.

Both children will share ownership of Gandolfini's estate in Italy when Liliana turns 25.

"It is my hope and desire that they will continue to own said property and keep it In our family for as long as possible," the "Sopranos" star's will states.

The remainder of Gandolfini's estate will go to his sisters, wife and daughter. The actor also bequeathed $200,000 to his assistant, $500,000 to his nieces and $100,000 to his godson, according to the newspaper.

The actor died of a heart attack at the age of 51 on June 19 while on vacation in Italy with Michael. A funeral for Gandolfini was held at the Cathedral Church of Saint John the Devine in New York City on June 27.

His former "Sopranos" co-stars attended the service including Edie Falco, who played his wife on the HBO mob show, Jamie-Lynn Sigler, who portrayed his daughter, as well as fellow series alums Joe Pantoliano, Dominic Chianese, Dan Grimaldi, Aida Turturro and Jerry Adler. Series creator David Chase was also in attendance.

"The Sopranos" aired for six seasons, between 1999 and 2007, and earned Gandolfini three Emmys. The actor was also nominated for a Tony for his 2009 performance in the New York comedy play "God of Carnage." He also appeared in Broadway productions of "On the Waterfront" and "A Streetcar Named Desire."

(Copyright ©2014 OnTheRedCarpet.com. All Rights Reserved.)

Load Comments