- Sen. Dianne Feinstein has filed a lawsuit accusing trustees of her late husband’s estate of financial elder abuse and benefiting his daughters at her expense.
- While trustees claim the estate’s complexity delays payouts, Feinstein alleges intentional withholding, sparking multiple legal battles.
- Amidst these issues, concerns about Feinstein’s cognitive health have resurfaced, casting further doubt over her personal and professional standing.
In a shocking revelation, Sen. Dianne Feinstein has been locked in legal battles regarding the management of her late husband, Richard Blum’s estate.
She has recently filed a lawsuit against the trustees of her husband’s estate, accusing them of financial elder abuse and improperly benefiting Blum’s daughters.
The saga began as Feinstein’s access to Blum’s assets became contentious, resulting in multiple lawsuits in recent months.
In a new lawsuit from August 8, Feinstein alleges that co-trustees Michael Klein and Marc Scholvinck committed financial elder abuse by improperly withholding funds that should have been used for her trust.
Klein, a former business associate of Blum, refuted the claims, stating that Feinstein had been receiving $125,000 every quarter.
While Klein points to the complexity of Blum’s estate as a reason for the delayed disbursements, Feinstein’s lawsuit further accuses the trustees of favoring Blum’s daughters before fulfilling her entitlements.
Klein and Scholvinck’s attorney, Steven Braccini, sharply criticized Feinstein’s daughter, Katherine, implying that her greed was the driving force behind the legal matters.
Questions about Feinstein’s cognitive health have also resurfaced amidst these legal disputes, as concerns regarding her mental fitness have been raised in the past.
In the wake of these events, Feinstein has pushed for the appointment of a temporary trustee to ensure her trust is properly funded.
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