Paul Walker's daughter Meadow Walker will be under the legal guardianship of her grandmother, Cheryl Ann Walker.
Earlier this month, it was revealed that the late actor's mother filed paperwork to become her granddaughter's legal guardian and oversee the entire estate that Paul walker left for her.
It was alleged that Meadow Walker's mother, Rebecca Soteros, has a drinking problem.
The Fast and Furious actor had written in his will that his mother should become Meadow's guardian if anything happens to him.
A court hearing for the guardianship was scheduled for March 27, but according to E! News, the family has come to an agreement.
E! News reports: "As a result of a family meeting yesterday, an agreement has been made between the parties and attorneys in the case. The good news is that things are getting better for everyone involved."
15-year-old Meadow has been living with Cheryl since August 2013. Her mother flew in from Hawaii after Walker's tragic death to be with the pair. Meadow will inherit $25 million of her father's fortune.
The insider also told E! that Meadow is happy with the agreement which involves both the guardianship and estate issues. "Meadow will live with her mother and they will be getting a place [in California] and the agreement does involve both the guardianship and estate issues. The teenager is said to be "happy" with the agreement and Cheryl "won't gain any control.""
Rebecca Soteros was arrested in 2003 and 2013 for drunk driving and is scheduled for a DUI hearing in May.
