Tag Archives: fortune

Amy Winehouse Estate: Amy Didn’t Have a Will After All, But Did Have Millions

Shortly after Amy Winehouse passed away from accidental alcohol poisoning at the age of 27 last July, reports surfaced that she not only had a will, but she had the foresight to update her will after her divorce from ex-husband, Blake Fielder-Civil.  These early reports have recently been proven wrong.

Probate records were recently filed showing that Winehouse died intestate, meaning without a valid will.  The estate value is listed as £4,257,580 (worth about $6.7 million U.S.) in total assets, but taxes and other debts reduce the value to £2,944,554, or $4.66 million, U.S.  Many believed her estate would be worth much more, perhaps as high as $15 to $20 million.

But, let’s not jump to conclusions so quickly.  The assets passing through probate court are those left in her individual name when she died.  So anything held jointly with someone else, or that had a beneficiary designation (like a life insurance policy), would pass outside of probate, directly to the other person.  Also, if Winehouse had a trust — Read more...

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Anna Nicole Smith Estate loses out on $88 Million

Can the Granddaddy of all probate disputes finally be nearing an end?  Those in charge of the Anna Nicole Smith Estate certainly hope not.  Smith, also known as Vickie Lynn Marshall, battled for a share of her late husband’s multi-billion dollar estate for almost 12 years before she died.  Here’s the Probate Lawyer Blog’s discussion of the case to bring you up to speed. 

To cut to the chase, Smith was broken hearted when she didn’t inherit anything from the estate or trust of J. Howard Marshall II, her late husband (who was more than 60 years older than she was).  Smith filed legal claims seeking a piece of his fortune in two different states; she lost in Texas but won in California.  Her victory was snatched away by the federal court of appeals, but she found new hope when that ruling was overturned by the United States Supreme Court in 2006.  Yes, that’s right, the highest court in our land ruled in favor of the ex-Playboy Playmate.

But, now,

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