Nick Reiner's Trust Fund Access Denied Amid Murder Charges: Legal Battle Ensues
Nick Reiner, the son of Rob Reiner and Michele Singer Reiner, is facing murder charges in connection with his parents' deaths. He attempted to access his $1.5 million trust fund to hire a new attorney for his defense, but the trustees have blocked his request. Reiner pleaded not guilty to the murder charges and remains in custody in Los Angeles.
The professional fiduciary overseeing the trust fund opposed Reiner's petition, citing the "slayer statute" in California law, which prevents individuals who intentionally kill the decedent from inheriting any property or benefits. The funds from the trust would instead be transferred to Reiner's siblings, Romy and Jake Reiner. Releasing the funds to Nick now could have irreversible consequences, according to the fiduciary's lawyer.
Reiner's attorney argued that the slayer statute should not apply in this case as he is presumed innocent until proven guilty. Reiner claimed that he did not receive any distribution from the trust on his 30th birthday as stipulated in the trust documents. His next court appearance is scheduled for September 15.
In conclusion, Nick Reiner's attempt to access his trust fund for legal defense has been blocked by trustees citing the slayer statute in California law. The decision to release the funds is pending further court proceedings, and Reiner's innocence is presumed until proven otherwise.