OHMYGOSSIP — Barbara Walters is planning to heal the rift with her only child in 2014. The retiring ABC newswoman, 84, is desperate to steer her 45-year-old daughter Jacqueline Danforth away from substance abuse and reckless behavior – and to make sure she is fit to inherit her $150-million fortune.
“Barbara wants to reconcile with Jackie and live out her retirement having a good relationship with her daughter,” a source told American tabloid the National Enquirer.
“She’s amassed quite a fortune and will let Jackie know if she doesn’t clean herself up for good, her inheritance could be in trouble.
“Barbara’s at her wits’ end over what to do about her wayward daughter’s seeming inability to turn her life around.”
Jacqueline, who was adopted by Barbara and her second husband Lee Guber, has a past history of substance abuse. to make matters worse, Barbara was very upset when her daughter’s marriage collapsed amid allegations she’d cheated.
Then, this spring, Jacqueline was busted in Florida on DUi charges and had to be handcuffed after she tussled with the arresting officer.
Now, Barbara is banking on a new tough-love approach to help reform her daughter and ultimately bring them closer.
“As things stand right now, Barbara doesn’t want to leave Jackie any money because she fears she might blow it on drugs and booze,” said the close source.
“If Jackie doesn’t get herself straightened out, the bulk of Barbara’s vast estate could wind up going to her favorite charities.”