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Anna Nicole Smith estate administration struggles

Many of our Texas readers were big fans of Anna Nicole Smith. Although the former reality television star and model passed on a few years ago, her name remains in the news.

Her estate made one last attempt to obtain money from the estate of J. Howard Marshall. However, they came up short once again. A federal judge rejected the estate's effort to collect $44 million from the Texas oil tycoon who passed away in 1995. At that time, his will left behind no money to Smith, with his $1.6 billion estate going to his son.

Smith challenged the will on the basis that her husband claimed he would leave her more than the money he spent on her during their short-lived marriage. A jury decided that the man was mentally fit at the time of his death and not pressured in any way when creating the will.

For approximately 20 years, Smith fought for more money, taking her case to a variety of courts, ranging from local to federal to the U.S. Supreme court. Even after she passed on in 2007, the fight continued; however, it now appears to be coming to an end once and for all.

When it comes to estate administration, things are not always as simple as they should be. You never know when something or somebody is going to get in the way, making the situation challenging. With the right estate plan in place, you can do your part in helping your heirs avoid a variety of complex issues after you pass on.

Source: NBC News, "Anna Nicole Smith's Estate Loses Final Bid for Millions" Aug. 19, 2014

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