Robin Williams' widow and children reach settlement after bitter court battle over late actor's estate

The wife and children of Robin Williams have reached a settlement after a court battle over the late Oscar-winning actor's estate.

Williams was 63 when he took his own life at his home in California in August 2014.

His wife Susan Williams and three children had become embroiled in a bitter dispute surrounding over 1,200 items - including his home - belonging to the actor.

In a statement released through her lawyer on Monday, Ms Williams said the agreement was "highly favourable" and that the home she shared with the actor will remain in her possession.

Williams with his wife Susan. Credit: Reuters
The late actor with his daughter Zelda in 2009. Credit: Reuters
The late actor pictured in 1998. Credit: Reuters

Court papers also revealed further details of the proposed agreement.

Susan Williams will be able to keep items from her 2011 wedding to the late actor, a watch worn by him and a bike the couple purchased together on their honeymoon.

His three children will receive "more than 50 bikes and over 85 watches, as well as thousands of never-disputed items like Robin Williams' Academy Award statue," Ms Williams' lawyer said.

Susan Williams, who was the late actor's third wife, was not the mother of Zelda, Zachary and Cody Williams.

Williams - who starred in popular films such as Good Morning Vietnam, Mrs Doubtfire and Good Will Hunting - was suffering from the early stages of Parkinson's disease along with severe depression at the time of his death.