Senator Diane Feinstein, who spent several months away from Washington earlier this year with serious health problems, is now working on a legal effort to gain more control over her finances out of the trust of her late husband. there is
The 90-year-old senator has named his daughter Katherine Feinstein as heir to the Richard Blum Trust, saying those serving as trustees “refuse to distribute to reimburse Senator Feinstein’s medical bills.” Filed a petition asking the court to make him a trustee.
Blum, who died last year, was a wealthy investor and stepfather of Katherine Feinstein. Katherine Feinstein filed her petition on behalf of her mother. She is a former Superior Court Judge and current Chief of the San Francisco City Fire Department.
The petition, filed Monday in the San Francisco Superior Court, states, “Senator Feinstein owes a large amount of medical bills and has filed a medical bill reimbursement claim against a person believed to be the trustee of a 1996 marital trust. ” is stated.
“Senator Feinstein, in seeking reimbursement for her medical expenses, said Bloom did not name the purported trustees of the 1996 Trust and that they had not been appointed pursuant to its terms. Knew.”
The petition asks the court to appoint Katherine Feinstein as the successor trustee to administer the trust containing Blum’s life insurance policy and its proceeds.
In court documents, Feinstein alleges that trustees Mark R. Klein and Mark Schorvink were improperly appointed as trustees after Blum’s death.
Feinstein (D-California) contracted shingles, which left him out of work for nearly three months after suffering long-term side effects that left him partially paralyzed and unable to walk. Her absence delayed the appointment of some of her judicial candidates and caused serious upsets among her colleagues and Democrats.
When she returned in mid-May, she appeared emaciated and, in one conversation, did not seem to remember her months away. Her return lifted the nominations of her particular nominees and quelled some of the criticism that had been thrown at her.
A recent statewide poll found that more than 40% of voters think Feinstein should resign, and only 27% think he should end his term.
He has already said he will not run for re-election in 2024, but his office did not respond to a request for comment. Nor did Klein or Schorvink, who worked or had business relationships with Blum.