In a recent court submission made by Katherine Feinstein, the daughter of the late Richard Blum, the wealthy husband of Senator Dianne Feinstein, the co-trustees of a trust established under Richard Blum’s name have been accused of elder abuse against Senator Feinstein.

Katherine Feinstein, who holds limited power of attorney over her mother, presented this allegation in the filing dated August 8, the San Francisco Gate is reporting.

This filing essentially confirmed earlier reports by various sources, highlighting that Katherine Feinstein, a former judge of San Francisco County Superior Court and the current San Francisco fire commissioner, was granted limited power of attorney by her mother on July 23, 2023.

This empowerment allows Katherine to make legal decisions on her mother’s behalf in specific matters pertaining to civil affairs.

The filed document on August 8 brings to light a significant claim.

Katherine Feinstein accuses the individuals—Michael Klein, Marc Scholvinck, and Verett Mims—holding control over the disputed trust, of engaging in financial elder abuse against the 90-year-old senator.

Worth noting is that California’s elder abuse statutes encompass all state residents aged 65 and above.

The crux of the allegation lies in the assertion that the co-trustees have failed to adequately fund a trust that Senator Feinstein is the sole income beneficiary of.

Additionally, it is alleged that these trustees have not fulfilled the “required distributions” to the senator since the passing of Richard Blum in 2022.

Written by staff