Sen. Dianne Feinstein is victim of elder financial abuse, daughter says

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Sen. Dianne Feinstein is victim of elder financial abuse, daughter says
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'This has nothing to do with her needs and everything to do with her daughter’s avarice,' a lawyer for her late husband's estate said.

The co-trustees of a trust in the name of Richard Blum — the deceased, wealthy husband of Sen. Dianne Feinstein — were accused of elder abuse against Feinstein in a recent court filing submitted by her daughter, Katherine, who has limited power of attorney over the senator.

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.

“The trustees have acted ethically and appropriately at all times; the same cannot be said for Katherine Feinstein,” he wrote in a statement to SFGATE. “This filing is unconscionable. The trustees have always respected Senator Feinstein and always will. But this has nothing to do with her needs and everything to do with her daughter’s avarice.”

Last week’s filing made a similar argument in the allegations of financial elder abuse against the senator, citing various sections of California’s Welfare and Institutions Code and claiming that the co-trustees were withholding distributions “in bad faith.”

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