Dannielynn Birkhead may have just become one of the world’s richest 18-month-olds.
Los Angeles Superior Court Judge Mitchell Beckloff ruled today that the toddler daughter of Anna Nicole Smith and Larry Birkhead is the sole heir to her late mother’s estate, and a trust was set up in her name.
Dad Larry and the executor of Anna Nicole’s estate, lawyer Howard K. Stern, will be co-trustees, after Beckloff granted a petition filed by Stern, who wanted to clarify the late actress/model’s intentions toward her daughter.
“We and Mr. Stern always believed that Anna Nicole never intended to disinherit her daughter,” said Stern’s lawyer, Bruce S. Ross, after the hearing. “I’m pleased to say this chapter in the saga is closed.”
When Anna Nicole drafted a will in 2001 — five years before Dannielynn was born — her only heir was son Daniel, though it did mention that any assets in Daniel’s trust should be shared equally if she had any children in the future.
Things became a bit murky when Daniel died at the age of 20, three days after Dannielynn was born in 2006 — followed shortly after by Anna Nicole herself, hence Stern’s filing.
If her late mother’s estate wins an ongoing court fight with the family of J. Howard Marshall (Anna Nicole’s elderly second husband, who left her the bulk of his considerable fortune), then Dannielynn could stand to inherit millions of dollars. That battle, however, has been going on for years.
(source)
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