Please ensure Javascript is enabled for purposes of website accessibility
Family Feud: Feinstein's Daughter Battles Stepsisters Over $1 Billion Inheritance
News
By News
Published 1 year ago on
August 31, 2023

Share

The ongoing legal battle over the estate of Senator Dianne Feinstein’s late husband, Richard Blum, has put the spotlight on Feinstein’s only daughter, Katherine. The former San Francisco Superior Court judge alleges that her stepfather’s trustees were improperly appointed and are conspiring to increase the inheritance of her stepsisters at her expense.

Katherine Feinstein, who is at odds with her stepsisters, accuses the trustees of financial elder abuse for not making annual payments due to the senator or reimbursing her medical bills.

The Heirs

Richard Blum’s fortune, estimated to exceed $1 billion, is largely set to be inherited by his three daughters from a previous marriage — Annette, Heidi, and Eileen Blum. Katherine Feinstein alleges that the trustees have wrongfully paid off debts or gifted money to Blum’s daughters while refusing to pay millions owed to Feinstein from her late husband’s estate.

The Trustees and Dispute

The two main trustees, Michael Klein and Marc Scholvinck, were long-time business associates of Blum. They argue that Senator Feinstein, whose net worth they estimate to be over $50 million, does not need the payments due to her other income. They also deny Katherine Feinstein’s claim of having power of attorney over her mother.

The Beach House

Katherine Feinstein’s husband, Mariano, a Bay Area real estate investor and former employee of Blum’s firm, is also embroiled in the dispute over a beach house worth an estimated $5.6 million.

Read more at Politico.

RELATED TOPICS:

DON'T MISS

Costa’s Bipartisan Bills Boost Funding for Recharge Projects

DON'T MISS

Judge Says Fresno Can Change Street Names: Cesar Chavez Blvd Lawsuit Tossed

DON'T MISS

The Aga Khan, Spiritual Leader of Ismaili Muslims and a Philanthropist, Dies at 88

DON'T MISS

Trump Wants US to Take Ownership of Gaza and Redevelop It After Palestinians Are Resettled

DON'T MISS

Fresno High-Speed Chase Ends in Arrests After Crash, Standoff

DON'T MISS

NFL Commish Calls Chiefs Conspiracy Theory ‘Ridiculous’ but Terrell Owens Floats One

DON'T MISS

Where Will Californians Rally During Nationwide Protest Against Trump Administration?

DON'T MISS

Estee Lauder to Cut up to 7,000 Jobs as Sales Slide

DON'T MISS

Visalia Police Arrest Three, Seize Ghost Gun and Drugs

DON'T MISS

Mexico Deploys 10,000 National Guard Members to US Border: What to Know

UP NEXT

Mexico Deploys 10,000 National Guard Members to US Border: What to Know

UP NEXT

Trump Has Plan to Have Iran ‘Obliterated’ if It Assassinates Him

UP NEXT

Jewish Population in West Bank Keeps Rising. Settlers Hope Trump Will Accelerate Growth

UP NEXT

Trump Will Be the First Sitting President to Attend the Super Bowl

UP NEXT

San Francisco Ready to Grant New Mayor Greater Powers to Battle Fentanyl Crisis

UP NEXT

RFK Jr. on Track to Become US Health Secretary With Key GOP Support

UP NEXT

Trump Envoy Calls Gaza Rebuilding Timeline in Israel-Hamas Truce ‘Preposterous’

UP NEXT

Credit Card Giants Drain Billions: Can Congress Take Action?

UP NEXT

CA Allocates $50M to Safeguard Policies, Protect Immigrants Against Trump

UP NEXT

Dyer Endorses the Improved Safety of ‘Road Diet’ Streets

Trump Wants US to Take Ownership of Gaza and Redevelop It After Palestinians Are Resettled

15 hours ago

Fresno High-Speed Chase Ends in Arrests After Crash, Standoff

15 hours ago

NFL Commish Calls Chiefs Conspiracy Theory ‘Ridiculous’ but Terrell Owens Floats One

15 hours ago

Where Will Californians Rally During Nationwide Protest Against Trump Administration?

16 hours ago

Estee Lauder to Cut up to 7,000 Jobs as Sales Slide

16 hours ago

Visalia Police Arrest Three, Seize Ghost Gun and Drugs

17 hours ago

Mexico Deploys 10,000 National Guard Members to US Border: What to Know

17 hours ago

Trump Says the ‘Gaza Thing Has Never Worked’

18 hours ago

First Military Flight Departs to Send Migrants to Guantanamo Bay

18 hours ago

A Tale of Two Local Districts: Implementing the CA Classroom Cell Phone Ban

18 hours ago

Costa’s Bipartisan Bills Boost Funding for Recharge Projects

The Groundwater Recharge Technical Assistance Act and the Every Drop Counts Act were presented to the House of Representatives on Jan. 13 by...

3 hours ago

3 hours ago

Costa’s Bipartisan Bills Boost Funding for Recharge Projects

14 hours ago

Judge Says Fresno Can Change Street Names: Cesar Chavez Blvd Lawsuit Tossed

The Aga Khan, spiritual head of Ismaili Muslims, listens to a speech during the inauguration of the restored 16th century Humayun's Tomb in New Delhi, India, Sept. 18, 2013. (AP File)
15 hours ago

The Aga Khan, Spiritual Leader of Ismaili Muslims and a Philanthropist, Dies at 88

15 hours ago

Trump Wants US to Take Ownership of Gaza and Redevelop It After Palestinians Are Resettled

A hit-and-run response in Fresno led to a high-speed chase, crash, and standoff, ending in two arrests after police intervention. (CHP)
15 hours ago

Fresno High-Speed Chase Ends in Arrests After Crash, Standoff

15 hours ago

NFL Commish Calls Chiefs Conspiracy Theory ‘Ridiculous’ but Terrell Owens Floats One

The 50501 Movement, a grassroots protest effort organizing demonstrations in all 50 states on February 5 to oppose fascism, emphasizes peaceful action and local participation, with planned protests at key sites, including California’s state Capitol. (GV Wire Composite)
16 hours ago

Where Will Californians Rally During Nationwide Protest Against Trump Administration?

16 hours ago

Estee Lauder to Cut up to 7,000 Jobs as Sales Slide

Help continue the work that gets you the news that matters most.

Search

Send this to a friend