Celebrity
Paul Walker’s Entire $25 Million Estate Goes To His Daughter
“Fast & Furious” star Paul Walker has left his entire $25 million estate to his 15-year-old daughter.
The will and testament, which was originally prepared and signed by Walker back in 2001 (the same year the first “Fast & Furious” film was released), was finalized and filed on January 28, 2014. The will states that his entire estate, valued at $25 million, will go to his daughter Meadow Walker.
The legal document states that Paul’s mother, Cheryl Walker, will be Meadow’s legal guardian and will be in charge of Meadow’s $25 million fortune until she is 18 years old. Paul’s father, Paul Walker III, has been named executor of the estate. Shortly before Walker’s tragic car accident, Meadow had moved in with her father in California. She now currently lives again with her mother, Rebecca Soteros.
Court filings show that most of the late actor’s wealth came from unspecified personal property which is currently worth $8 million, as well as a home valued at an estimated $10 million. The seventh installment to the “Fast and Furious” franchise is scheduled to be released in 2015 and is expected to earn another $8 million towards Walker’s estate. On February 20, an initial estate hearing has been scheduled in the Santa Barbara Superior Court.