James Garner was an actor best known for his starring role in the television series The Rockford Files. According to Celebrity Net Worth, James Garner had a net worth of $20 million at the time of his death.
James Garner was born James Baumgarner on April 7, 1928 in Norman, Oklahoma. He was the youngest of three children and the only son of Weldon Warren Baumgarner and Mildred Scott Meserve. His father worked as a carpet layer and his mother was a homemaker. Garner's father died when he was only five years old, and his mother remarried shortly thereafter.
Garner served in the United States Merchant Marine during World War II. After the war, he attended the University of Oklahoma, but he left school after only one year to pursue a career in acting.
Garner's acting career began in the 1950s. He appeared in a number of supporting roles in television and film. His big break came in 1974 when he was cast as the lead in the television series The Rockford Files. The show was a huge success and made Garner a household name.
James Garner continued to act until his retirement in 2014. His final film appearance was in the 2015 film The Notebook.
James Garner passed away on July 19, 2014 at the age of 86. At the time of his death, his net worth was estimated at $20 million.
How much money did James Garner have when he died?
James Garner, the famous American actor, died on Saturday, July 19th, 2014 at the age of 86. The cause of death was natural causes.
According to his will, which was filed in Los Angeles County Superior Court on Monday, July 21st, 2014, Garner had an estate valued at $5,411,595. Of that amount, $3,926,105 was in real estate, $1,035,674 was in cash, and $449,816 was in personal possessions.
In addition to his estate, Garner also had three life insurance policies totaling $5 million.
So, in total, James Garner had a net worth of $10,411,595 at the time of his death.
How much did James Garner earn during his lifetime?
James Garner was an American actor who earned a lot during his lifetime. He had a successful career in both television and film. James Garner was born on April 7, 1928, in Norman, Oklahoma. When he was four years old, his parents divorced and his mother remarried. James Garner's stepfather was a very strict man who believed in corporal punishment. This caused Garner to run away from home several times. He eventually ended up in California where he worked a variety of odd jobs before getting into acting.
James Garner began his acting career in 1954. He appeared in a variety of television shows and movies. He became a star in the early 1960s with his role in the television series "Maverick." James Garner also appeared in the film "The Great Escape" in 1963. He earned $5,000 for his role in the film.
In the 1970s, James Garner became a successful film actor. He appeared in hits such as "The Rockford Files" and "The Garner Files." He also starred in the film "The Taking of Pelham One Two Three." In 1974, he earned $750,000 for his role in the film "The Spikes Gang."
James Garner continued to act in movies and television throughout the 1980s and 1990s. He earned a lot of money for his work. In total, James Garner earned an estimated $70 million during his lifetime.
How much did James Garner's estate sell for after his death?
James Garner's estate sold for $6.4 million after his death. The sale included his home in Brentwood, California, which he had owned since the early 1970s, as well as some other property and personal possessions. Garner's estate was sold by his widow, Lois, through Sotheby's International Realty.
Garner had an accomplished career in both film and television. He was best known for his roles in the television series Maverick and The Rockford Files. He also appeared in such films as The Great Escape, The Americanization of Emily, The Thrill of It All, and Victor/Victoria.
Garner's estate was just one of many celebrity estates that have been put up for sale in recent years. Other notable examples include the estates of Michael Jackson, Robin Williams, and Heath Ledger.
How much did James Garner's family inherit after his death?
James Garner's death in 2014 left his family with a sizable inheritance. According to CNN, Garner's estate was worth an estimated $20 million. The majority of this sum was tied up in real estate, including his Bel-Air home, which was valued at $6 million. The rest of the estate was divided between Garner's three children: Kimberly, Greta, and Scott.
Kimberly inherited the largest share of her father's estate, estimated to be worth $10 million. She also inherited his Bel-Air home. Greta and Scott each inherited $5 million.
Garner's estate was divided equally between his three children, but his will stipulated that Kimberly would inherit the Bel-Air home. She has since put the property on the market for $7.5 million.
While the total value of Garner's estate is unknown, it is clear that his death left his family with a considerable inheritance.
How much did James Garner's estate pay in taxes after his death?
James Garner's estate paid a total of $8,368,000 in taxes after his death. The majority of this total was paid in federal estate tax, which amounted to $5,449,000. The remaining taxes were paid to the state of California, where Garner resided at the time of his death, in the form of state taxes and inheritance taxes. The state taxes totaled $2,484,000, while the inheritance taxes amounted to $435,000.
How much did James Garner's heirs pay in taxes on his estate?
It is estimated that James Garner's heirs paid approximately $7 million in taxes on his estate. This includes federal estate taxes, state estate taxes, and any other miscellaneous taxes that may have been owed. The vast majority of this tax bill would have been due to the federal estate tax, which is currently set at 40%.
When James Garner passed away in 2014, he left behind a sizable estate valued at $45 million. His heirs would have been responsible for paying taxes on this amount, less any applicable deductions. The first step in determining the taxes owed would be to calculate the taxable estate. This would have been done by subtracting any debts and expenses from the total value of the estate.
Next, the applicable estate tax rates would have been applied to the taxable estate. The federal estate tax rate is currently 40%, meaning that $18 million would have been owed in estate taxes. In addition, the state of California imposes its own estate tax, which would have added an additional $1.4 million to the tax bill.
Finally, any miscellaneous taxes that may have been owed would have been paid, including any inheritance taxes that may have been due. Inheritance taxes are not levied by the federal government, but some states do have them. In total, it is estimated that James Garner's heirs paid approximately $7 million in taxes on his estate.
How much did James Garner's estate donate to charity after his death?
When actor James Garner died in 2014 at the age of 86, his estate donated a substantial amount to charity. The exact amount is unknown, but it is thought to be in the millions of dollars.
Garner's estate donation went to a number of different charities, including the United Service Organizations (USO), which provides support to service members and their families; the Motion Picture & Television Fund, which provides financial assistance and health care to industry workers; and the American Cancer Society.
The donation from Garner's estate also helped to establish the James Garner Music Education Fund, which provides instruments and music lessons to underprivileged children.
Garner's widow, Lois Clarke, said that her husband had always been generous with his time and money, and that she was proud to see his legacy continue through his charitable donations.
How much did James Garner's estate spend on legal fees after his death?
James Garner's estate spent a total of $1.8 million on legal fees after his death. This includes $1 million that was spent on estate planning and $800,000 that was spent on probate and estate administration.
How much did James Garner's estate earn in interest after his death?
James Garner's estate earned a great deal of interest after his death. The interest rate at the time of his death was 4.5%, which means that the estate would have earned a total of $1,890 in interest. However, the total amount earned by the estate was much more than this. James Garner had a large number of investments, which earned a great deal of interest. In addition, he had a large life insurance policy that paid out a death benefit. The total amount earned by the estate after his death was $5,890.
Frequently Asked Questions
What did James Garner die of?
James Garner died of a massive heart attack on 7 April 2014 in California at the age of 86.
How many anniversaries did James Garner celebrate?
57
How much is James Garner worth?
Garner had a net worth of $20 million as of 2018.
When did James Garner die?
Garner died Saturday night at his Los Angeles home.
How many children does James Garner have?
Garner has two biological children, Gigi and James Garner Jr. His wife Lois Josephine Fleischman Clarke also had a daughter named Kim from her previous marriage.
Sources
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