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Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Wednesday, April 9, 2014

Daughter of Anna Nicole Smith May Inherit Millions if Court Penalties Awarded

Smith's DaughterThe estate of Anna Nicole Smith is pursuing millions of dollars in court penalties against the estate of E. Pierce Marshall, Smith’s stepson, which would be awarded to Smith’s 7-year-old daughter, Dannielynn. The case for the penalties alleges that Marshall acted in bad faith during the court battle over his father’s inheritance.  Smith’s estate claims that Marshall lied, destroyed evidence, and depleted his father’s estate with the intent of keeping Smith from inheriting anything.

Judge David Carter has ruled that penalties are appropriate but has yet to decide on the appropriate amount. Judge Carter has ruled that the amount must be for civil penalties reflecting actual damage caused by Marshall’s behavior, and cannot be punitive. The amount could be up to $44 million, and may decided as early as April 29, 2014.

See Heather Alexander, In Last Ditch Attempt, Anna Nicole Smith’s Daughter May Still Inherit Million, Chron, Apr. 3, 2014.

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2014/04/daughter-of-anna-nicole-smith-may-inherit-millions-if-court-penalties-awarded.html

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