Anna Nicole Smith's ordeal shows importance of estate planning

Posted on August 13th, 2010 No Comments

As of right now two doctors and a former boyfriend are on trial for providing Anna Nicole Smith with prescription pill illegally. Another legal battle that is underway is whether or not Smith’s estate will receive the money from Smith’s late husband.

In mid-March, a U.S. Court of Appeals stated the Smith’s estate would not receive any of the $1.6 billion that was left by her late husband. If one thing is shown through the chaos of the financial situation after Smith’s death, is that careful estate planning can be extremely helpful.

According to a survey, most Americans fail to write things down when it comes to their last will and testament. As of December 2009, 35 percent of Americans have a will. Building flexibility in your will, appointing a guardian, and planning a funeral are important ways to lessen the confusion and build your estate.

If you or a loved one would like to learn more about estate planning, contact the Houston estate planning attorneys of Garg & Associates, P.C. by calling 281-362-2865 today.

Leave a Reply

firm info  |  practice areas  |  articles  |  faqs  |  blog  |  contact us  |  Site Map  |  resources  |   Find us on Google+   |   Log in

Garg & Associates, PC | 21 Waterway Avenue, Suite 300 | The Woodlands, Texas 77380 Please call 281-362-2865 | Fax: 866-743-4506
Serving The Woodlands, Spring, Houston, Conroe, Kingwood, Tomball, Cypress, Huntsville, Cleveland, Stafford, Montgomery County, Harris County, West Oaks, Memorial, Sugar
Land, River Oaks, Alief, Stafford, Missouri City, and Southwest Houston Texas.