Supreme Court Ends Long-Running Anna Nicole Smith Estate Battle

Posted on June 23rd, 2011 No Comments

The Supreme Court ruled against the heirs of Anna Nicole Smith Thursday, ending a long-running estate battle that has outlived all the main players.

The nation’s highest court denied the estate of Anna Nicole Smith’s attempt to capture some of the $1.6 billion estate left behind by her late billionaire husband. The court ruled that a bankruptcy court’s decision to give the now-deceased Playboy Playmate $475 million from the estate of Texas oil tycoon J. Howard Marshall was decided incorrectly.

Marshall and Smith were wed in 1994, and he died the following year. Marshall’s will left his estate to his son, E. Pierce Marshall, and nothing to Smith. A California bankruptcy court later awarded Smith part of the estate, but the 9th Circuit Court of Appeal said that a bankruptcy court could not make a decision on an issue outside of bankruptcy law.

Smith’s estate appealed the decision to the Supreme Court, which sided with Marshall.

If you need assistance with estate planning, please contact the Houston Estate Planning Attorneys of Garg & Associates, P.C., by calling 281-362-2865.

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