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The announcement solved the mystery of who would look after the Oscar until Matilda turned 18.
Under Academy rules the deceased actor's next of kin takes ownership.
With Matilda aged just three, the Academy ruled the Oscar would have to be held until her 18th birthday.
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Kim Ledger raised the possibility it would go back to Australia.
"She can't sign for it until she's 18, so it stays in trust here or in Australia," Kim Ledger said at the press conference backstage at Hollywood's Kodak Theatre.
Academy spokesperson Leslie Unger, however, confirmed Williams, who lives in Brooklyn, New York, with Matilda would receive it.
"We expect a representative of the Ledger estate to bring the statuette in tomorrow so that the engraved plate can be affixed," Unger told the Los Angeles Times newspaper.
"Soon after that, we expect the statuette to be delivered to Michelle Williams."
Source: www.theaustralian.news.com.au
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