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Home >> Copper Mining Heiress’s Estate Selling Real Estate And Jewelry

Copper Mining Heiress’s Estate Selling Real Estate And Jewelry

March 28, 2012 by Robert Kulas. Leave a Comment

Though she died in the spring of 2011 at the age of 104, Huguette Clark’s estate is still going through a series of legal conflicts as different parties try to claim their share of her estimated $400 million fortune. The sole surviving daughter of a Gilded Age copper mining tycoon, Ms. Clark left behind substantial real estate holdings across the country, as well as a sizable collection of personal items that included very valuable jewelry.

Few people knew of her jewelry collection before her death, as much of it had been locked away in a bank vault for over 70 years. The last time Ms. Clark was seen wearing the jewelry was in the 1930s, which also coincided with the last time she had her photograph taken. Since then, she had largely been in a self-imposed seclusion. Set to be auctioned off by Christie’s in April, the jewelry collection includes Art Deco bracelets, diamond rings, and other very valuable pieces, all of which were found in their original packaging. The most valuable single piece in the collection is a 9 carat, pink diamond ring estimated to be worth anywhere from $6 million to $8 million.

Apart from the jewelry collection, three of Ms. Clark’s New York apartments are also being sold. With the combined listing price of $55 million, the apartments are located in the same building at the corner of Fifth Avenue and 72nd Street in New York City. They occupy the 8th and 12th floors and encompass about 15,000 square feet. However, they had been unoccupied for so long that they require substantial renovation.

Filed Under: Estate Planning, Probate, Taxes Tagged With: Estate Planning, Probate

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Robert Kulas and staff made making a will an easy to understand process. They were very knowledgeable and attentive to my wishes. All my documents were provided in an organized binder which will be a great asset to my family. I would definitely recommend them.

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I have worked with Mr. Kulas & staff before. And they are very professional. I am very satisfied with Mr. Kulas and his staff and give them the highest satisfaction and 5 star rating.

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Mr. Kulas and his staff have been extremely helpful & knowledgeable for the over 3 years we have been associated. They are easy to talk to and explain everything without feeling rushed. Very competent and professional.

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I have known Robert Kulas for 20 years since I was co-executor for friends who had Mr. Kulas prepare a Trust for them. When I felt I needed a trust also, I came to him. I have always been completed satisfied with his work and that of his charming, competent staff.

Joan C.
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We began our estate plan process in 2004 (12 years ago) and have been pleased with the periodic reviews we have gone through and when changes have been needed the firm has been thorough and professional in making those changes.

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