Clark Estate Art Museum in Question

Whether or not we’ll ever see the art museum that Huguette Clark planned at her East Cabrillo Boulevard hilltop estate remains as uncertain as it was on the day she died in May at age 104.

The vacant oceanfront estate, where she hadn’t set foot since the 1950s, is worth an estimated $100 million, but it’s cost about $8.8 million in operating costs since 1997, according to a new report from msnbc.com reporter Bill Dedman. With her distant heirs in the early stages of a massive battle over her $400 million estate, there’s a possibility that, if they prevail, the property would instead be sold. Additional questions are being raised in legal documents about the millions spent by her attorney and accountant, who are both under criminal investigation by the New York DA, according to Dedman.

Clark’s will cut out her family entirely, but left about $34 million to her nurse and more than $17 million to her attorney, Wallace Bock, and accountant, Irving Kamsler. “In all, the records show $126.3 million in spending by her attorney and accountant during (the last 15 years of her life) and another $43 million that was transferred into her personal account, apparently to cover her own spending,” reported Dedman. “The total of $170 million works out to $1 million per month for a woman who never left her hospital room during that time.”