Wills, Estates & Trusts
Sep. 12, 2023
Daughters of Feinstein and late husband to mediate trust dispute
Katherine Feinstein — who claims to have procured power of attorney over her mother’s affairs on July 23 — first initiated litigation against the trustees on the accusation that they were not making trust distributions to the 90-year-old U.S. Senator in order to maximize the benefit to Blum’s three daughters.
Sen. Dianne Feinstein and the daughters of her late husband, Richard C. Blum, agreed Monday to mediate their hotly contested dispute over the handling of Blum’s trust amid accusations of financial elder abuse by Feinstein’s daughter, Katherine.
At Monday’s proceeding, Katherine Feinstein voluntarily dismissed her petition to remove Blum’s trustees — Michael Klein, Marc Scholvinck, and Verett Mims — and appoint herself as trustee. But a pe...
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