Huguette Clark Estate Goes After $44 Million In Gifts Given By Late Heiress
Let the battle begin! The cash has yet to come in on the sale of late copper heiress Huguette Clark’s Fifth Avenue 12th-floor apartment (in contract since April), but the fight over her fortune is already underway.
The executor of Clark’s estate has filed a legal petition asking the court to order Clark’s staff to repay the $44 million in gifts that she gave them on top of salaries, according to a story on msnbc.com.
Clark, who died at the age of 104 with a fortune of $400 million and no direct heirs, authorized many gifts from her vast estate over the years. After her death, distant relatives sued, claiming that her fortune had been mismanaged. Read More
