Friday, November 30, 2012

Mayoral Blitz Over Clark Estate

It was a loud, high-profile stage whisper designed to get the attention of 15 competing teams of attorneys fighting 3,000 miles away over an estate worth an estimated $400 million. Santa Barbara's current mayor Helene Schneider showed up at a press conference with former mayor (and current planning commissioner) Sheila Lodge to express their mutual concern that Santa Barbara's interest was getting lost in the very high-octane shuffle over the two wills recluse heiress Huguette Clark wrote within weeks of each other.

In the second will, Clark left her 23-acre Santa Barbara estate that fronts the Pacific Ocean across from the Andree Clark Bird Refuge — named after her older sister — to an entity named the Bellosguardo Foundation, which she stipulated would be dedicated to the promotion of the arts. Backing the two mayors — in spirit if not body — was former mayor and arts advocate Hal Conklin, as well as an impressive array of big monied movers and shakers who've donated generously to the arts in Santa Barbara over the years, like Michael and Anne Towbes, Leslie Ridley-Tree, Robert Emmons, and Sarah Miller McCune. Clark died last May at age 104, having spent the last 22 years of her life living in a New York City hospital.

That second will has been challenged in court by about 20 of Clark's distant relatives, upset that they'd been totally cut out compared to a will she'd written six weeks prior. They've argued that Clark — who'd amassed a world-class collection of paintings, not to mention a $3 million collection of dolls — had been unduly influenced by her nurse, her attorney, and her accountant, all of whom she took care of handsomely in the second will. (In the previous will, Clark gave her nurse $5 million and split most of the rest among relatives. In the second, she gave the nurse $30 million, her relatives nothing, and her foundation the rest.) Schneider and Lodge expressed concern that the warring factions, now in settlement talks, might arrive at a deal that ignores Santa Barbara's legitimate claim on Clark's generosity. Her Bellosguardo estate — and the collection it holds — would provide Santa Barbara a priceless attraction. “In the 3,000 pages of depositions that have been taken, there's not one indication that she was not competent,” stated Lodge.

Full Article and Source:
Mayoral Blitz Over Clark Estate

Pair Suspended as Executors of Huguette Clark's Will

4 comments:

Thelma said...

Strange case!
22 years "resident" in hospital?
Two wills six weeks apart?
I think that's called "Undue Influence"!

Betty said...

I agree Thelma. Poor Huguette Clark was a pawn all those years and she's still a pawn now.

Betty said...

I agree Thelma. Poor Huguette Clark was a pawn all those years and she's still a pawn now.

Nancy said...

Everybody's wanting to cash in on Huguette Clark's wealth.