California’s senior Senator Dianne Feinstein accused the trustees of her late husband’s estate of committing financial abuse against her; she requested they be suspended as administrators of the account in a recent legal filing.
The 90-year-old Democrat, accused Michael Klein, Marc Scholvinck, and Verett Mims of the Richard C. Blum Revocable Trust of depriving her of the estate’s funds to which she is entitled from her late husband’s estate. Her wealthy, late husband, Richard Blum passed away early last year.
Feinstein said that upon Blum’s death, $5 million was to go to her trust, set to be doled out in quarterly installments. That payment has not taken place, she says, and she has not received any disbursements. The remainder of the trust is slated to go to Feinstein’s three daughters.
Feinstein also disputed a claim made by Steven Braccini, the attorney representing Klein and Scholvinck, who previously told the San Fransisco Chronicle that they have “never denied any disbursement to Senator Feinstein.”
Despite this drama playing out over millions of dollars, Feinstein is wealthy on her own, but she hasn’t been able to access Blum’s monies in order to help cover the “significant medical expenses.” A battle with shingles kept her out of the Senate for a prolonged period of time.
