In the Aug. 8 filing, Katherine Feinstein made the striking allegation that Michael Klein, Marc Scholvinck and Verett Mims, who control the disputed trust, are committing financial elder abuse against the 90-year-old senator. California’s elder abuse laws cover all state residents age 65 and older.
In the filing, Katherine alleges that the co-trustees didn’t fund a trust her mother is the sole income beneficiary of and that they have not made “required distributions” to the senator since Blum’s death in 2022. Katherine, Feinstein’s daughter from a previous marriage, also alleges that the co-trustees are purposely slow-rolling payments to the senator because they “intend to benefit Richard Blum’s [biological] daughters, who stand to inherit millions of dollars that should go to Senator Feinstein if the Trustees never make the required distributions to her.”