Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

A Member of the Law Professor Blogs Network

Thursday, September 26, 2013

Clark's Nurse Agrees to Return $7 Million to the Clark Estate

ClarkAs I have previously discussed, heiress, Huguette Clark, died Tuesday, May 24, at the age of 104. Clark was the daughter of William Andrews Clark, a business man who had made a fortune in mining. Clark’s will was filed with a Manhattan court, allowing the world to see where Clark’s estimated $300 million estate will go. Jury selection started September 17, however, an hour after the process had begun Judge Anderson stopped the selection. The jury selection was delayed so that the parties could reach an agreement.

On Friday, September 20, the attorneys in the Huguette Clark estate battle reached a tentative settlement. Unfortunately, Huguette Clark's nurse, Hadassah Peri, will return part of her inheritance. Peri will have to return $5 million of the $30 million dollars she was left under the disputed will. Additionally, Peri will also have to return the unique doll collection Clark left her. The total value of what Peri is returning to the estate  is about $7 million.

See Daily Mail Reporter and Associated Press Huguette Clark's Nurse is Ordered to Hand $5 Million to Relatives Who Never Met Her: Faithful Servant of Reclusive Heiress Loses Part of Fortune She Inherited in Settlement, Mail Online,  Sep. 21, 2013.

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2013/09/clarks-nurse-agrees-to-return-7-million-to-the-clark-estate.html

Current Events, Estate Administration, New Cases, Wills | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef019aff9c91f2970d

Listed below are links to weblogs that reference Clark's Nurse Agrees to Return $7 Million to the Clark Estate:

Comments

Post a comment