What can we learn from Anna Nicole Smith?
Posted by Lawrence Norford on 23 May 2007 | Tagged as: Fiduciary Litigation
Much has been written lately about the short and spectacular life of Anna Nicole Smith. Her recent death and its aftermath have only increased the media feeding frenzy. Rather than comment on the salacious and sordid details of Ms. Smith’s life and death, we are instead interested in what these events can teach us about estate planning and avoiding estate litigation.
Anna Nicole Smith, also known as Vickie Lynn Marshall, had a will, but far from settling where her estate should go, it will only cause years of costly and needless litigation. It is a masterpiece of inadequate planning and poor drafting.
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