Here's Who Inherited James Gandolfini's Money After He Died

At the time of his death, LiveAbout reports that James Gandolfini was worth a hefty $70 million. In a last will and testament signed in December 2012, he left $1.6 million to various friends and family (via Wealth Legacy Group). This included his nieces, sisters, assistant, and more. In addition, the New York Daily News writes that Gandolfini did not leave his son any money. However, he did leave Michael all of his clothing, jewelry, and a trust fund with a life insurance policy worth $7 million. He was also given the first option to buy his father's New York condo.

As for his widow Lin and daughter Liliana, Gandolfini left Lin all of his personal property (besides what was bequeathed to his son) and 20% of his estate to each of them (per Investment News). His daughter, however, won't be able to receive her share until she is 21. Both Michael and Liliana got 50% of Gandolfini's home and land in Italy; he hoped his children would continue to keep the property in the family. TD Bank writes that the actor purportedly made mistakes that left 80% of his estate subject to high taxes. This would incur a $30 million estate tax bill for his heirs. It's surmised he either did not finish his estate planning or simply did not want to do any further planning.

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