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Son: Father spent outside his income on Anna Nicole Smith
AP ^ | 12-28-01 | CHELSEA J. CARTER

Posted on 12/29/2001 12:15:33 AM PST by Oldeconomybuyer

Edited on 04/13/2004 2:39:18 AM PDT by Jim Robinson. [history]

SANTA ANA, Calif. (AP) -- Anna Nicole Smith's late oil tycoon husband spent well outside his personal means to give the former Playboy playmate expensive gifts, his son testified Friday.

Pierce Marshall, 63, said his father was unable to pay for $1 million worth of Harry Winston jewels and tried unsuccessfully to pay for it with a business loan.


(Excerpt) Read more at sfgate.com ...


TOPICS: Culture/Society; News/Current Events
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Gee, I wonder why her hubby overspent on her?

1 posted on 12/29/2001 12:15:33 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer
I guess he had to take care of her jewels so she'd take care of his jewels....
2 posted on 12/29/2001 12:15:34 AM PST by hillary's_fat_a**
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To: Oldeconomybuyer
RE:Gee, I wonder why her hubby overspent on her?

[derisive snort] I've met classier broads in Carson City.
3 posted on 12/29/2001 12:15:34 AM PST by tomakaze
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To: Oldeconomybuyer
What's funny about this is that the son would rather that the government get the money, than poor ole ANS.....look, do the math.....a $400 million estate would be taxed at about a 60% combined rate ( fed and state)...very round figures.....but if it goes to her, it qualifies under the unlimited marital deduction....no taxes due........
4 posted on 12/29/2001 12:15:34 AM PST by ken5050
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To: Oldeconomybuyer
it was the old codger's fortune... he could spend it on whomever he chose... and leave it to them as well... I for one would have left it ALL... lock stock and barrel to the blonde with the assets... not the brat with the covetousness of heart condition.

That anna was a gold digger can be debated with vigor till the sun dies, but the fact is the old man GAVE it to her, SHE GAVE it (whatever he wanted IT to be) to him... and junior(ette) is out in the cold. A disgruntled child of a former, likely also disgruntled spouse. TOO damn bad.

Nobody said it was fair, or even supposed to be. Too bad for the idiot brat.

Go Anna.

5 posted on 12/29/2001 12:15:34 AM PST by Robert_Paulson2
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To: Oldeconomybuyer
I've always wondered about this particular case. Did she sleep with him or just tease him? If she did, his "gifts" to her in his will speak wonders for one aspect of her assets. If she didn't... hmmmm. That's a good set of blue ones.
6 posted on 12/29/2001 12:15:35 AM PST by Prodigal Son
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To: Oldeconomybuyer

Oh yea, that's normal.....

7 posted on 12/29/2001 12:15:35 AM PST by isthisnickcool
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To: Prodigal Son
She was sleeping with the bodyguards, according to Inside Edition who caught them on tape.
8 posted on 12/29/2001 12:15:35 AM PST by codebreaker
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To: codebreaker
Hmmmm. So he bequeaths her all that money because she was throwing it in another direction? It just goes to justify some of my personal theories... You sure that wasn't no Ritz cracker? (extra credit question)
9 posted on 12/29/2001 12:15:36 AM PST by Prodigal Son
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To: Prodigal Son
Damn, that was a good cracker!
10 posted on 12/29/2001 12:15:36 AM PST by Xenalyte
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To: Robert_Paulson2
I'm with you. I think the old man knew EXACTLY what he was doing--causing his son big time trouble. Anna deserves every cent. Go Anna.
11 posted on 12/29/2001 12:15:36 AM PST by TommyC1
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To: Xenalyte
Damn, that was a good cracker!

You get a smiley face on today's report- ;-)

12 posted on 12/29/2001 12:15:37 AM PST by Prodigal Son
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To: Prodigal Son
Okay, let's try another one so I can go for the gold star.
13 posted on 12/29/2001 12:15:41 AM PST by Xenalyte
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To: isthisnickcool
True love! (Sniff)
14 posted on 12/29/2001 12:15:59 AM PST by SteamshipTime
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To: TommyC1 ;Robert_Paulson2
I agree .Let the old guy do with his money as he pleases.
15 posted on 12/29/2001 12:16:08 AM PST by Captain Shady
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To: Prodigal Son
OK, I'll bite.... (g)
16 posted on 12/29/2001 12:16:08 AM PST by ken5050
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To: isthisnickcool

Love means never having to say you overspent...

17 posted on 12/29/2001 12:16:08 AM PST by Rocko
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To: hillary's_fat_a**
"so she'd take care of his jewels...."

Yup. He had a one-carrot jewel, and she polished his carrot every night!

18 posted on 12/29/2001 12:16:08 AM PST by lawdude
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To: Xenalyte
Okay, let's try another one so I can go for the gold star.

Ok, for a gold star name the film starring Sue Sarandon, Catherine Deneuve and David Bowie that the above picture reminds me of (post #7).

19 posted on 12/29/2001 12:16:08 AM PST by Prodigal Son
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To: Prodigal Son
Eddie Murphy "Delirious".
20 posted on 12/29/2001 12:16:08 AM PST by Cooter
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