Tuesday, May 15, 2007

Larry Birkhead Fights for Sole Custody


Larry Birkhead, shown above conceiving Dannielynn, has filed for sole custody of his daughter. He says it's to represent her interests in the dispute over the estate of Anna Nicole Smith.

The will, which Smith signed and dated on July 30th, 2001, before Dannielynn's birth and son Daniel's death, lists her sole child as Daniel Wayne Smith. The will directs that all of Smith's property, after the payment of taxes, be distributed to Howard Stern, who will hold it in a trust for her child, Daniel. Once the child reaches 25, the will provides they will be given one third all the income and one half the principal of the trust. At age 35, her child will be given all the remaining principal of the trust. It states that Smith's spouse is deceased and has no registered domestic partner. Smith's estate's current estimated value is listed as $710,000.

Man, these legal proceedings can get complicated. For instance, it seems like a no-brainer that Anna Nicole's wishes would have been to bequeath her estate to Dannielynn, had she changed her will in time. But as it is, the money will probably end up going to O.J. Simpson or Abe Vigoda or something.

Source: US Magazine

Related Posts: Birkhead Wins a Brand New Baby!