Thursday, March 25, 2010

"This Time Anna Nicole Smith's Heartache Was Avoidable," says Estate Planning Attorney Steven Andrew Jackson

"The years of litigation and millions of dollars in attorney's fees for Anna Nicole Smith and the Estate of Howard Marshall could have easily been avoided according to Estate Planning Attorney Steven Andrew Jackson."

Asheville, NC (PRWEB) March 25, 2010 -- Estate Planning Attorney Steven Andrew Jackson says, "Unfortunately for little 3 ½ year old Dannielyn, the daughter of Anna Nicole Smith, the court judgment of over $400 million from the Estate of Howard Marshall is 'Gone with the Wind' The Federal Appeals Court on Friday, March 19, 2010 wiped out the $400 plus million awarded Anna Nicole from her late husband’s estate by a California Bankruptcy Court in 2000. This heartache could have been avoided."

As an experienced Estate Planning Attorney Steven Andrew Jackson, of Asheville, North Carolina said he could see where years of tremendously expensive litigation with court costs and attorney fees in the hundreds of thousands of dollars, if not millions, could have been avoided with some well thought out Estate Planning.

Estate Planning Attorney Steven Andrew Jackson..."I can see where years of tremendously expensive litigation...could have been avoided..."
"Anna Nicole Smith could have protected herself by insisting on a Prenuptial Agreement that included terms guaranteeing her a share of her husband’s estate or that she receive a set amount of money per year for each year of the marriage like actress Ellen Barkin received from her ex husband, business mogul Ronald Perelman. Unfortunately for Anna Nicole Smith she did nothing." said Estate Planning Attorney Steven Andrew Jackson.

"Howard Marshall, the 89 year old oil tycoon, who met his blushing bride Anna while she was a stripper at a strip club he visited, should have had a valid property drafted Prenuptial Agreement releasing any claims to his estate. The Marshall family also could have avoided much of the years of litigation and hundreds of thousands of dollars, if not millions of dollars, in litigation costs had Mr. Marshall used a properly drafted, designed and fully funded Trust based Estate Plan. A Trust based Estate Plan should include a Contest Clause that would disinherit anyone who attacked the well crafted Estate Plan. The proper Integrated Estate Plan should have been prepared by an experienced Estate Planning Attorney that exclusively does Estate Planning, " according to Estate Planning Attorney Steven Andrew Jackson.

"Unfortunately for the Marshall family, Howard Marshall who had a law degree, although he didn’t practice law, did a 'do it yourself' Will. The old saying is 'any lawyer who represents himself has a fool for a client.' Unfortunately for Mr. Marshall’s family the old expression, 'he acted the fool' applies. This for both in marrying Anna Nicole Smith without a properly designed Prenuptial Agreement and in not protecting his Estate from the vivacious vixen. His family has paid the price of his folly by losing sleep, going through years of stress from the court cases and spending hundreds of thousands to millions of dollars in attorney fees." all according to Estate Planning Attorney Steven Andrew Jackson.

In closing Estate Planning Attorney Steven Andrew Jackson said, "That where 'fools rush in', things often end badly. Anytime you are blending different families and goals make sure you have your Customized Estate Plan created and updated by an experienced Estate Planning Attorney who limits their practice to Estate Planning."

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