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Can the Granddaddy of all probate disputes finally be nearing an end?  Those in charge of the Anna Nicole Smith Estate certainly hope not.  Smith, also known as Vickie Lynn Marshall, battled for a share of her late husband’s multi-billion dollar estate for almost 12 years before she died.  Here’s the Probate Lawyer Blog’s discussion of the case to bring you up to speed.  Anna-Nicole-Smith-Estate-Trial-and-Heirs

To cut to the chase, Smith was broken hearted when she didn’t inherit anything from the estate or trust of J. Howard Marshall II, her late husband (who was more than 60 years older than she was).  Smith filed legal claims seeking a piece of his fortune in two different states; she lost in Texas but won in California.  Her victory was snatched away by the federal court of appeals, but she found new hope when that ruling was overturned by the United States Supreme Court in 2006.  Yes, that’s right, the highest court in our land ruled in favor of the ex-Playboy Playmate.

But, now, the three federal appellate court judges who reviewed the case ruled against her — again. 

In fact, the Ninth Circuit Court of Appeals issued a landmark decision this past Friday, declaring that the federal judge who awarded her $88 million never should have done so.

Why not?  Because a Texas judge and jury already found that Smith wasn’t entitled to any money from her dear, departed husband’s estate or trust.   This court of appeals panel ruled that the prior trial verdict in Texas took precedence and precluded the California judge from ruling differently.

If you’d like to read the entire 62-page legal decision, you can download it here.

Trust those in control of Smith’s Estate (including the infamous attorney Howard K. Stern) to appeal again.  They’ll either ask the entire Ninth Circuit Court of Appeals to review the case and/or they’ll request that the United States Supreme Court again side with Smith.

Can the Anna Nicole Smith Estate be lucky enough to revive her case in the United States Supreme Court twice?

We doubt it.  It’s hard enough getting the U.S. Supreme Court to hear a case once.  Twice?  Doesn’t happen very often, except in cases that have an important legal precedent to address.

And the circumstances surrounding the “Marshall v. Marshall” case are too bizarre, and the legal issue that the appeal is based on (having to do with the proper jurisdiction of a bankruptcy court) is too narrow, for the Smith legal team to have much chance at success this time around.

On the other hand, many legal scholars doubted that the United States Supreme Court would accept the case — and rule in Smith’s favor — the last time around, so who knows?

Either way, the case still won’t end for some time now.  It will take several months — at the very minimum — and maybe even years more to be finally resolved.  After 15 years of legal fighting, the feuding isn’t done yet!

Ahh the legal fun that can result when a 26-year old stripper sets her eyes on an 89-year old Texas oil tycoon. 

Keep in mind that while this particular legal battle is unusual in terms of length and how much is involved, court feuds involving who should inherit from an estate or trust are far more common than most people think.  Yes, even for those who pass away with modest wealth. 

The best way to minimize the chances of it happening to your family?  Good legal planning with a qualified estate planning attorney. 

By Andrew W. Mayoras and Danielle B. Mayoras, co-authors of “Trial and Heirs: Famous Fortune Fights!” and husband-and-wife legacy expert attorneys. As educators across the United States through speaking engagements, print, broadcast, and social media, Danielle and Andrew consistently draw rave reviews and are in high demand. Email them at contact@trialandheirs.com.

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Michael Jackson Estate’s record deal raises questions

March 18, 2010

The Probate Lawyer Blog featured this article about the Michael Jackson Estate several weeks ago, posing the question of whether it is ethical for estate executors to seek a 10% fee for certain business deals they reach for such a high-profile estate.  It’s especially problematic when you factor in that one of the executors was Michael Jackson’s [...]

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Dennis Hopper battling his wife; says she’s after his will

February 15, 2010

Dennis Hopper was already fighting against advanced prostrate cancer.  Now the 73-year-old actor is turning up the heat in his battle against his wife, 41-year-old Victoria.  He filed for divorce in January, and according to published reports, the key factor is his will.
Victoria is a 25% beneficiary under Hopper’s will.  But, in the case [...]

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Farrah Fawcett’s Trust Provides A Good Lesson

November 19, 2009

It’s been widely reported across various websites in the last couple days that Farrah Fawcett’s will has been revealed and it “shockingly” disinherited her longtime ex-boyfriend Ryan O’Neal (father to her son, Redmond).  These reports are wrong on several levels.

First, the document was her Trust, not her will.  You can read it here, courtesy of [...]

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Bo Schembechler’s Son Sues His Stepmom Over Trust

November 17, 2009

Glenn E. “Bo” Schembechler, Jr., is one of the most respected names in the history of college football.  And, no, I’m not saying that just because I graduated from the University of Michigan (twice).  He built one of the most successful football programs around, and it excelled for decades.
Coach Bo died of heart disease on November [...]

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Katherine Jackson’s Shocking Change Of Heart

November 12, 2009

The Michael Jackson Estate has been the subject of regular court hearings as Katherine Jackson battled for control over the last several months.  She routinely objected to the decisions of the co-executors John Branca and John McClain.  Recently, she hired a new attorney with the promise of taking the case in a new direction, as I [...]

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Leona Helmsley Charity Battle Rages On

November 10, 2009

As I described in this article from February 2009, the trustees of the Leona Helmsley charitable trust asked the probate court in New York for permission to donate primarily to charities that helped people rather than dogs, despite some language in the trust that suggested she wanted her billions to benefits animal charities. 
Specifically, the trust had [...]

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Ike Turner Will Contest Ruling Is In

November 2, 2009

The trial involving whether Rock ‘n Roll pioneer & legend, Ike Turner, left a valid will has ended.  As described in this prior article I wrote, the case pitted his six children (two of whom apparently are now questionable children of his) versus his ex-wife versus his friend and “sometime” attorney.  I’m not exactly sure why [...]

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FBI Investigated Anna Nicole Smith For Murder Of “Step-Son”

October 27, 2009

Probate disputes over whether a will or trust was valid, or instead was signed at at time when the person was mentally incompetent or subject to undue influence, are common.  They’re also very emotional and difficult for everyone involved.  The Anna Nicole Smith case – the Granddaddy of all probate disputes — illustrates this more than any other.
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Martin Luther King, Jr. Estate fight Is Resolved

October 27, 2009

Martin Luther King, Jr.’s three children have been fighting with each other in court over control of his estate and financial legacy.  Here are my prior articles about the Martin Luther King, Jr. estate fight.  Two of the three children had sued Dexter King, their brother, who had the legal authority to make decisions regarding [...]

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