Wednesday, August 21, 2013

Huguette Clark's $307 million Santa Barbara estate may be sold

The late Huguette Clark's $307 million hilltop Santa Barbara estate, which she left in her will to become an arts foundation to house her collection, may be sold. That is the topic of debate in New York as about 60 lawyers and 19 distant relatives are debating over what to do with the estate.

The property itself is estimated to be worth over $100 million; it sits with magnificent views of the ocean, city, and mountains. Ms. Clark passed away in a New York hospital in 2011.

Full article here: http://independent.com/news/2013/aug/16/clark-mansion-may-be-sold/

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