
Lawsuit filed by Dianne Feinstein alleges financial elder abuse over late husband’s estate
Jack Birle
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Sen. Dianne Feinstein (D-CA) filed a lawsuit last week accusing the trustees of the estate of her late husband, Richard Blum, of financial elder abuse and a breach of trust.
The lawsuit, filed on Aug. 8 in the Superior Court of California in the County of San Francisco, alleges the trust has also failed to make any of the “required income distributions,” per the filing obtained by the San Francisco Chronicle.
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“Although Blum died more than a year and one-half ago, the Trustees have still neither funded the Marital Trust nor made any of the required income distributions to Senator Feinstein. Petitioner has repeatedly requested information from the Trustees on Senator Feinstein’s behalf, including a copy of Blum’s estate tax return,” the filing said.
“The Trustees have either refused or ignored all of Petitioner’s requests. In an act of hostility and retribution, one Trustee has attempted to interfere with the administration of another trust of which Senator Feinstein is a beneficiary, but he is not the trustee,” the filing continued.
The lawsuit also includes Feinstein’s daughter, Katherine, as the California Democrat’s attorney-in-fact.
In relief for the allegations, Feinstein is “compelling the Trustees to make a pro rata income distribution to Senator Feinstein in the amount of all income attributable to the assets that the Trustee should have transferred to the Marital Trust from the date of Richard Blum’s death through the date of the judgment herein,” among others.
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The lawsuit is the latest in a series of disputes regarding Blum’s estate since he died in February 2022. The disputes, pitting Feinstein and her daughter against the three children of her wealthy late husband, have become public in recent weeks.
The disputes about her late husband’s estate come as the California Democrat has faced mounting questions about her health and age in recent years. She reportedly appeared confused and denied being away from the Senate for months earlier this year despite being hospitalized in February while battling shingles and being absent from the chamber for months. Feinstein returned to the Senate in May and has been working since.