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Ledger received "Best Actor of 2005" awards from both the New York Film Critics Circle and the San Francisco Film Critics Circle for his performance in Brokeback Mountain,[21][22] in which he plays Wyoming ranch hand Ennis Del Mar, who has a love affair with aspiring rodeo rider Jack Twist, played by Jake Gyllenhaal.[23] He also received a nomination for Golden Globe Best Actor in a Drama and a nomination for Academy Award for Best Actor for this performance,[24] making him, at age 26, the ninth-youngest nominee for a Best Actor Oscar.[25] In The New York Times review of the film, critic Stephen Holden writes: "Both Mr. Ledger and Mr. Gyllenhaal make this anguished love story physically palpable. Mr. Ledger magically and mysteriously disappears beneath the skin of his lean, sinewy character. It is a great screen performance, as good as the best of Marlon Brando and Sean Penn."[26] In a review in Rolling Stone, Peter Travers states: "Ledger's magnificent performance is an acting miracle. He seems to tear it from his insides. Ledger doesn't just know how Ennis moves, speaks and listens; he knows how he breathes. To see him inhale the scent of a shirt hanging in Jack's closet is to take measure of the pain of love lost."[27]

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On 9 February, a memorial service attended by several hundred invited guests was held at Penrhos College, attracting considerable press attention; afterward Ledger's body was cremated at Fremantle Cemetery, followed by a private service attended by only 10 closest family members,[132][133][134] with his ashes interred later in a family plot at Karrakatta Cemetery, next to two of his grandparents.[131][135][136] Later that night, his family and friends gathered for a wake on Cottesloe Beach.[137][138][139]
He was working with Scottish screenwriter and producer Allan Scott on an adaptation of the 1983 novel The Queen's Gambit by Walter Tevis, which would have been his first feature film as a director. He also intended to act in the film, with Canadian actress Ellen Page proposed in the lead role.[3][47][48] Ledger's final directorial work, in which he shot two music videos before his death, premiered in 2009.[49] The music videos, completed for Modest Mouse and Grace Woodroofe,[50] include an animated feature for Modest Mouse's song, "King Rat", and the Woodroofe video for her cover of David Bowie's "Quicksand".[51] The "King Rat" video premiered on 4 August 2009.[52]

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After a flurry of further media speculation, on 6 August 2008, the US Attorney's Office in Manhattan closed its investigation into Ledger's death without filing any charges and rendering moot its subpoena of Olsen.[99][100] With the clearing of the two doctors and Olsen, and the closing of the investigation because the prosecutors in the Manhattan US Attorney's Office "don't believe there's a viable target," it is still not known how Ledger obtained the oxycodone and hydrocodone in the lethal drug combination that killed him.[100][101]
He had a thick ledger lying open before him, and with the fingers of his right hand inserted between the leaves, and his eyes fixed on a very fat old lady in a mob-cap--evidently the proprietress of the establishment--who was airing herself at the fire, seemed to be only waiting her directions to refer to some entries contained within its rusty clasps.

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^ Sean Cowan (15 March 2008). "Ledger Feud Grows Over 'second' Will". The Age. Melbourne. Retrieved 15 March 2008. Some of Heath Ledger's relatives may be planning a legal challenge against his will after it emerged the actor may have written a second will after his daughter was born, leaving most of his multimillion-dollar fortune to her. ... Ledger's second will, which is understood to be unsigned, was reportedly drawn up after Matilda's birth. ... The looming battle over which of Ledger's wills should be used to divide his estate ... has caused waves on this side of the Pacific, with his uncles Mike and Haydn Ledger accusing their brother – and Heath's father – Kim of mismanaging their late grandfather's [A] $2 million estate. ... Kim Ledger hit back this week, issuing a statement claiming his estranged brothers did not know what they were talking about. ... Under the terms of the first will, the division of the estate will be managed by Kim Ledger's former business colleague Robert John Collins and Geraldton accountant William Mark Dyson.
Welcome to the 32nd Coin Report. In today’s report, I will be assessing the fundamental and technical strengths and weaknesses of ExchangeCoin. This will be comprised of an analysis of a number of significant metrics, an evaluation of the project’s community and development and an overview of its price-history. The report will conclude with a grading out of 10. ExchangeCoin was launched in November 2017 with an ICO that raised 650 BTC, equating to over $5,000,000 at the time. The token issued, EXCC, has a maximum supply of 32,003,133, with 4mn EXCC sold during the ICO. Further, the project also has a premine of 12.1mn EXCC, equating to 37.95% of the maximum supply (from which the 4mn was sold to the public in the token sale). The token itself operates on the Equihash algorithm, and underwent a hard fork in July 2018, after which the network migrated to a dual Proof-of-Work/Proof-of-Stake consensus mechanism, with 30% of block rewards rewarded to stakers and 70% to miners. The block reward is progressively diminishing, with the current reward at 24.5 EXCC per block, with 2.5-minute block times.

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On 15 July 2008, Fife-Yeomans reported further, via Australian News Limited, that "While Ledger left everything to his parents and three sisters, it is understood they have legal advice that under Western Australia law, Matilda Rose is entitled to the lion's share" of his estate; its executors, Kim Ledger's former business colleague Robert John Collins and Geraldton accountant William Mark Dyson, "have applied for probate in the West Australian Supreme Court in Perth, advertising for 'creditors and other persons' having claims on the estate to lodge them by 11 August 2008 ... to ensure all debts are paid before the estate is distributed...."[114] According to this report by Fife-Yeomans, earlier reports citing Ledger's uncles,[105] and subsequent reports citing Ledger's father, which do not include his actual posthumous earnings, "his entire fortune, mostly held in Australian trusts, is likely to be worth up to $20 million."[114][115][116]

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Ledger went on to win the Academy Award for Best Supporting Actor, becoming the second person to win a posthumous Academy Award for acting (after fellow Australian actor Peter Finch, who won for 1976's Network), as well as the first comic-book movie actor to win an Oscar for their acting. Ledger's family attended the ceremony on 22 February 2009, with his parents and sister accepting the award on stage on his behalf.[163][33] Following talks with the Ledger family in Australia, the Academy determined that Ledger's daughter, Matilda Rose, would own the award. However, due to Matilda's age, she will not gain full ownership of the statuette until her eighteenth birthday in 2023.[164] Her mother, Michelle Williams, will hold the statuette in trust for Matilda until that time.[165]
For his portrayal of Ennis Del Mar in Brokeback Mountain, Ledger won the New York Film Critics Circle Award for Best Actor and the Best International Actor Award from the Australian Film Institute; he was the first actor to win the latter award posthumously.[4] He was nominated for the BAFTA Award for Best Actor in a Leading Role[5] and the Academy Award for Best Actor.[6] Posthumously, he shared the 2007 Independent Spirit Robert Altman Award with the rest of the ensemble cast, the director, and the casting director for the film I'm Not There, which was inspired by the life and songs of American singer-songwriter Bob Dylan. In the film, Ledger portrayed a fictional actor named Robbie Clark, one of six characters embodying aspects of Dylan's life and persona.[7]

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