Wednesday, March 05, 2008

A Hopeful Future

Happy news for Larry Birkhead ... er, I mean Dannielynn Hope Marshall Stern Birkhead ... who was just named the sole heir of mama Anna Nicole Smith's (possibly) immense fortune by a Los Angeles judge in a court hearing yesterday. Because it was Anna Nicole's desire to leave her estate to her then only child Daniel (who died in 2006 three days after his little sister was born) he was to be her sole heir ... but at least she did make a provision that the estate would be shared equally if she were to have more children. Dannielynn Hope remains as Anna Nicole's sole next of kin so that means that Larry Birkhead (her father) could potentially become a very rich man:

Anna Nicole Smith's daughter will inherit her late mother's estate. A Los Angeles judge on Tuesday not only made 18-month-old Dannielynn Hope the sole heir, but also set up a trust in the girl's name. Her father, Larry Birkhead, and Smith's executor, Howard K. Stern, will be co-trustees. Superior Court Judge Mitchell Beckloff granted a petition filed by Stern, who wanted to clarify Smith's intentions toward her daughter. Smith drafted a will in 2001 -- five years before the child was born -- that left her estate to her then-only child, Daniel. However, it said the assets in Daniel's trust should be shared equally if she had future children. Daniel was 20 when he died in 2006, three days after Dannielynn was born ... Dannielynn could inherit millions of dollars if the estate wins an ongoing court fight over a will by Smith's wealthy second husband, J. Howard Marshall, that left much of his fortune to the model. His relatives have been fighting the will for years.

I cannot believe that the Marshall family is still contesting their father's will. I mean, I can believe that they would continue to fight for those mega-millions but I was under the impression that the matter was resolved in Anna Nicole's favor while she was still alive. In any case, little Dannielynn Hope is now poised to inherit all that money (should the legal wrangling go her way) which I'm sure means that Papa Larry has got dollar signs in his eyes (which, IMHO, is still better than having Howard K. Stern in full control of the money). The whole Anna Nicole story is so tragic as it is ... when you consider the money aspect, it just seems so gross. I really feel for this little girl ... I suspect she may have a difficult road ahead of her. All that money can be just as big a curse as it could be a blessing. Her family's track record doesn't necessarily bode well for a successful future. Here's hoping she can break the cycle. [Source]