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Falcon Crest's final season began with Maggie receiving a four-carat diamond ring from an imprisoned Richard, and the two subsequently reconciled. Richard was determined to get released from prison to be with his family and testified against mogul (and second-cousin) Michael Sharpe in exchange for his release. While Michael and Kevin were playing with Richard's treasured toy soldiers, Kevin knocked them into the swimming pool. On attempting to recover them from the bottom of the pool, Maggie caught the ring she received from Richard in the drain and drowned. Richard was devastated. Michael responded by getting Richard's children taken away to foster parents, his sister Lauren Daniels and her husband Walker.
Emma fell in love with the charming - and violent - Charley St. James, who tried to suffocate Angela, sending her into a
coma. Charley married an unsuspecting Emma, who was then declared conservator of Angela's affairs. Charley and his
equally violent brother, Ian, took control of the winery and talked Emma into selling it to Michael Sharpe for 14 million
dollars. The two decided to kill Emma and Ian's wife, Sydney, but Sydney ended up stabbing Ian to death and Emma
shot Charley, who escaped. Emma and Sydney were not charged as they acted in self-defence. Emma learned that Ian
and Charley had her late husband, R.D. Young, killed prior to their arrival in the Tuscany Valley.
Richard was released and fell in love with his children's foster mother, Lauren. When her husband Walker realised, he
blew himself up. Pilar and Lance's marriage was tested when Pilar allowed herself to be blackmailed for sex by Lance's
business associate, Ned Vogel.
Frank Agretti's late wife Renee's sister Genele Ericson came to the Valley and began blackmailing Frank who had helped
Genele cover-up her murder of Renee. Frank attempted to go to the police to tell of the murder, but was charged with
the murder instead. Genele hooked up with Michael in an unholy alliance. Michael's son Danny arrived in the Tuscany
Valley to work for his farther, and fell in love with Sydney. Angered that Sydney double-crossed him in a business deal
favouring Richard Channing, Michael arranged to have her killed. Unfortunately, his son became the victim and almost
died. As Danny recovered, Michael's ex-wife and Danny's mother, Anne Bowen learned that Michael was responsible
for her son's accident. Disgusted by this information, she told Michael that she'd had an affair with Richard Channing and
that Richard was Danny's real father.
Richard regained control of Falcon Crest by blackmailing Michael about the
accident. Angela recovered from her coma and joined forces with Michael to destroy Richard's plans for a happy life
running Falcon Crest with Lauren. Danny learned from Lauren that Richard was his father. Richard was unwilling to
accept Danny as his son. Richard proposed marriage to Lauren and she accepted. In a desperate attempt to stop the
fighting between Michael and Richard, Danny threatened to jump off a roof, but was rescued by both Michael and
Richard. Angela was delighted when Richard finally turned Falcon Crest over to her after Lauren pressured him to make
peace with his mother. Lance and Pilar discovered they were expecting another baby and decided to leave the Valley,
but Angela promised to give Lance 10 per cent of Falcon Crest and another 40 per cent in her will, on the condition that
Lance and Pilar stay and Lance serve as vineyard manager. The remainder was to go the Richard's children.
At Lauren's wedding, Michael attempted to reconcile with Danny by revealing he was responsible for Danny's accident.
Danny responded by slugging Michael, but the the two men later embraced. Old hatreds and jealousies died as Michael
walked Lauren down the aisle. While the family celebrated at a lavish reception at Falcon Crest, Angela stepped outside
and, upon looking out at the vineyards, remembered the people who had passed through the valley, and safe with the
knowledge that Emma would be returning with her new-born daughter, Angela, the fact that Julia was safe and happy in
the convent, and the news that Frank Agretti was soon to be released from prison, Angela gave a private toast to Falcon
Crest, where she'd always belonged: "A toast to you, Falcon Crest, and long may you live".
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