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Judge: Heiress' Fortune Will Stay In Hands Of Laywer

091210clark.jpg Despite protests from family claiming that 104-year-old heiress Huguette Clark is incapacitated and needs an independent guardian to look after her $500 million fortune, a Manhattan Judge ruled that her assets will continue to be managed by her lawyer and accountant.

Lawyer Wallace Bock, and accountant Irving Kamsler have been in charge of Clark's fortune for the past 20 years, but the Manhattan DA's office launched an investigation into whether or not the two were swindling funds from the elderly millionaire. But the judge called the family's concern's were "insufficient" to take control of the fortune. Bock says he has always carried out Clark's wishes, and says the family has been interfering with Clark's wish for privacy.

The family said in a statement, "We are disappointed that the court did not see fit to appoint an unbiased, independent evaluator to examine her circumstances, particularly in light of the numerous reports that raise serious questions about whether professionals...are taking advantage of her while at the same time they assert that they are honoring her wishes by keeping her isolated from her family."

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  • just saying

    This is despicable. How could Judge Laura Visitacion-Lewis rule that Wallace Bock, Esq. and Irving Kamsler, the convicted pedophile accountant, are allowed to remain in control of Huguette Clark's $500 million fortune? First there were the multi-million dollar "gifts" bestowed on them. While Clark's financial affairs were being managed by these two men, she was assessed more than $2 million in unpaid tax liens. Does that sound like Bock and Kamsler were handlng Clark's financial affairs competently and in her best interests? She is in frail health and at age 104 it's more probable than not that Clark also has some degree of cognitive impairment.

    Shame on Judge Visitacion-Lewis for refusing to appoint an independent guardian for Huguette Clark.



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