Nothing sets friends and family at each others’ throats more than an old-fashioned fight over money. Make it a dispute over a will and the fun really begins.
The emotions that bubble up in estate disputes are understandably raw. Make it about the property of a famous person and it can get really crazy. A minor celebrity (see Gary Coleman) with pennies to his name can generate a court battle worthy of a billionaire (see Howard Hughes).
And some estate battles are so classically obvious—old rich man, vivacious model, jilted family—they end up as textbook cases, literally. Playboy Playmate Anna Nicole Smith’s battle to keep the fortune of her late husband, Texas oil tycoon J. Howard Marshall II, ended up gracing the pages of the widely used textbook “Wills, Trusts and Estates.”
And that wasn’t the end of Smith’s unlikely influence on law students. After she died in 2007, her poorly drafted will and the court dispute over her body served as teachable moments for law professors as well.
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Here are 8 Big Estate Battles of the Rich and Famous:
8. Gary Coleman
Worth: Modest home (with mortgage) and royalties
Winners: Anna Gray
Losers: Shannon Price, ex-wife
Sometimes it doesn’t take a large estate to spur a battle. Such was the case of Gary Coleman, the diminutive actor best known for his star turn on the ‘70s sitcom “Diffr’nt Strokes.” After years of being in the news mostly for health and legal problems, Coleman died in 2010. He was just 42. Then the battle began.
According to an account on Forbes.com, Coleman had left three wills, the last of which was a handwritten codicil bequeathing everything to his wife, Shannon Price. “Everything” was a home that still carried a mortgage, occasional royalties from his acting career and his ashes. The problem was, Coleman and Price had divorced, even appearing on “Divorce Court.” Still, Price claimed they had a common-law marriage. A judge disagreed, saying the marriage had ended. One of the stranger estate battles in Hollywood history ended with Coleman’s former business partner, Gray, taking the spoils.
7. James Brown
Worth: $50 million
Winners: To Be Determined
Losers: To Be Determined
When the Godfather of Soul died of a heart attack at 73 in 2006, he left his estate to charities that seek to educate disadvantaged youths. The directive seemed pretty clear, but it didn’t sit well with his widow, Tomi Rae Hynie, or his adult children. According to Forbes.com, the widow may not have been technically married to Brown (she was married to another when they got hitched) and there were questions about whether he was really the father of at least one of his nine children.
In 2009, the South Carolina attorney general announced that a settlement had been reached: the widow and the children would split half the money with the rest going to charity. Alas, the deal did not pass court muster this February when a court ruled it violated Brown’s will. For now, the estate sits in limbo.
6. Thomas Kinkade
Worth: $66 million
Winners: Amy Pinto, girlfriend
Losers: Nanette Kinkade, estranged wife
Artist Thomas Kinkade built his fortune by making people smile and feel good when they gazed upon his soothing country scenes. The “Painter of Light” left a more complicated situation behind when he died in April 2012 at 54. Pinto, who became involved with Kinkade after his marriage broke up, claimed she had two notes written by Kinkade directing that she receive his mansion as well as $10 million designated for a museum of his artwork. Kinkade’s wife disputed the claim. Somehow, the women managed to avoid a long, drawn-out drama and reached a settlement before the end of 2012. The details are secret.
5. Jimi Hendrix
Worth: $80 million
Winners: Janie, Jimi Hendrix’s stepsister
Losers: Leon, Jimi’s brother, and his children
Jim Hendrix ruled the rock world when he died in 1970 at age 27, but multiple battles over his estate have left it in a haze to this day. His father, Al, who had served as Jimi’s manager, battled record companies and other music industry entities for the rights to his songs and merchandising. He won out and everything was settled until Al died in 2002. Then the rancor began. The estate by then was worth $80 million.