US News

Fight for heiress’ $300M fortune finally over

A Brooklyn nurse has to pay back $6.7 million in gifts from the copper heiress she long cared for and lost out on an ašŸ“dditional $30 million bequest ā€” and thatā€™s fine by her.

ā€œThe Peri family is very happy to contributšŸ’e to the settlement,ā™‘ā€ 63-year-old retired nurse Hadassah Peri said in a statement Tuesday.

Attorneys in the estate battle over Huguette Clarkā€™s $300 million fortunešŸŽ¶ finalized a settlement deal Tuesday that will give her family $34.ļ·½5 million and memorialize her love for the arts at a California foundation.

The agreement establishes an arts and cultural nonprofit at Clarkā€™s $85 million Santa Barbara mansion Bellosguaź¦“rdo. The foundation also gets the heiressā€™s beloved $1.7 million doll collection that was originally gifted to her nurse and $4.5 ā™Šmillion in cash.

The $34.5 million will be split among 20 of the childless heiressā€™s distant relatives.ąµ© Clarkā€™s goddaughter Wanda Styka won a $3.5 million bequest.

The Clark family applauded the Peri payback and the stripping of almost $1 milliošŸ§øn to their auntā€™s other staffā€”attorney Wallace Bock and accountant Irving Kamsler.

ā€œBy removing Wallace Bock and Irving Kamsler from their positions as executors, and having Hadassah Peri return a significant amount of money, the settlement sends a strong mš“„§essage that those entrusted with the care of the elderly will be held accountable for their actions,ā€ the family said inšŸ’§ a statement released by their attorney, John Morken of Farrell Fitz.

Morkenā€™s firm won a tidy $11.5 million in fees from the š’deal, the same amount awarded to attošŸ”„rneys for Bock from the national firm Holland Knight. Periā€™s lawyer will get $1.5 million. Thatā€™s a total $24.5 million in legal fees.

The Peri payback includes Clarkā€™s doll collection plus $5 million, but returning the gifts will free the nurse from any future lšŸ¬awsuits related to Clark. Peri received a total $31 million from Clark during her lifetime including a Jersey Shoą“œre vacation home though she worked 12-hour days, seven days a week from 1991 to 2005.

Beth Israel Hospital, where Clark lived out the last 20 years of hź¦—er life until she died at age 104 in 2011, will get to keep a $1 million gift from the contested will, however, it will not be immune to potential, future litigation.

The financially strapped Corcoran Gallery of Art in Washington D.C.– where Clarkā€™s father, mining king and Sen. W.A. Clark gave many charitable gifts during his lifetime– will receive $10 million plus half the proceeds from the sale of a $25 million Claude Monet painting called ā€œWater Lillies.

Other payments include $100,00 for Clarkā€™s physician Dr. Henry Singman, $500,000 to her assistant Christopher Sattler, a yearā€™s salary to the caretaker of her New Canaan mansion and two years pay tšŸ§øo the manager of Bellosguardo.