It surely must rank as one of the most devastating will contest cases any country has ever seen … especially for the hundreds of thousands of impoverished children in Panama.
Wilson Lucom (pictured, right) was a wealthy tycoon from Florida whose third wife, Hilda, was from one of Panama’s wealthiest families. Hilda had previously been married to a powerful politician in the country and has five adult children from that marriage. Wilson and Hilda lived in Panama when he died in 2006.
Wilson Lucom’s will left more than $50 million to help the staggering number of poor children in Panama. Hilda and her family weren’t very happy with the will and filed legal proceedings to have the will thrown out in 2006. You can read our prior blog article about the case here.
Wilson’s will was upheld by the first two courts in Panama that heard the case. But Hilda appealed again, to Panama’s Supreme Court. Before the ruling came out, there were some interesting articles, including this one Read more...
It has to rank as one of the craziest, lengthiest and most-watched probate litigation court cases of all time. It officially started as Vicki Lynn Marshall (a/k/a Anna Nicole Smith) vs. E. Pierce Marshall (son and sole beneficiary of the late oil tycoon, J. Howard Marshall).
Originally, the Smith team won an $88 million against her “step-son”, Pierce, but that victory was taken away by the Court of Appeals, which ended the fight. That is, it was over until the United States Supreme Court ruled in Smith’s favor and reinstated the case.
Then Pierce died, followed by Anna Nicole Smith. But, just because they both passed away doesn’t mean the fighting stopped! Their two estates have continued to battle over the billions left behind by Smith’s 90-year-old husband, 15 years after he died.
Then, this past March, the Court of Appeals again threw out the case (on a different legal ground). Once again Smith’s estate, with the infamous Howard K. Stern at the helm, asked the Supreme Court to step Read more...