Paul William Walker IV was the star of the Fast & Furious movies, until his unfortunate — and ironic — death in a high-speed car accident on November 30, 2013. The car, in which Walker was a passenger, was found to have been doing at least 100 mph. Walker was 40 years old when he died, survived by his parents and his 15-year old daughter, Meadow Rain Walker.
Recently, Paul Walker’s father filed to open the estate, including Walker’s Last Will and Testament, which you can read here: Read Paul Walker’s Will. It sheds some interesting information about the Paul Walker Estate and highlights some valuable estate planning lessons.
First, the probate filing and will reveal that Walker had assets of about 25 million dollars, including 8 million in personal property (which would include cash and investments), $8.5 in expected income, and another $8.5 million in real estate (after subtracting mortgages).
Second, the filing shows that Walker had a revocable living trust, benefiting his daughter as the sole Read more…
It’s now, officially, the Estate Fight That Refuses To Die! The quest for money started by Anna Nicole Smith — the former Playboy Playmate, stripper, TV reality star, and the true love of 89-year old Texas oil tycoon, J. Howard Marshall — is not over. Despite almost 18 years of litigation, two trips to the United States Supreme Court, and untold millions of dollars spent on legal fees, the Anna Nicole Smith case lives on.
Anna Nicole Smith (a/k/a Vickie Lynn Marshall) sued after her elderly husband died, following their 14-month marriage. She was not happy being left out of his massive ($1.6 billion) estate. She blamed one of his sons, Pierce Marshall, who inherited everything.
Anna Nicole Smith Case
The probate case started in Louisiana and then moved to Texas. Smith sued there, but was forced to file bankruptcy in California. When she did, Pierce sued her, filing a claim in bankruptcy court. He claimed Smith defamed him by telling the media he committed fraud in managing his father’s Read more…
Zsa Zsa Gabor, who appeared in dozens of movies and television shows throughout a career that spanned five decades, is approaching the end. She has a feeding tube, can hardly tell when she’s at home or in the hospital, and is barely able to communicate. According to a recent Associated Press story, she’s been admitted to the hospital nearly two dozen times since last summer, and she recently was in a coma.
Sadly, her final days are surrounding by fighting, between her husband of 25 years and her only daughter. Frederic Prinz von Anhalt is her ninth husband, and he’s been her devoted caregiver and says he is constantly by her side. Gabor’s daughter, Francesca Hilton (yes, from that Hilton family), tells a different story of Von Anhalt. She says he doesn’t let her visit her mother, won’t update her about her medical condition, and that she learned of a recent hospitalization from a reporter, since Von Anhalt won’t talk to her.
Hilton says she wants to see her mother Read more…