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Nick Reiner has been blocked from accessing his $1.5 million trust fund.
As the 32-year-old prepares for his pretrial hearing, he and his legal team have requested to use the blocked account in order to cover court fees and commissary costs so he can buy "basic necessities" like socks and hygiene products. In the initial petition, he claimed he had not yet received the distribution that was supposed to be allocated when he turned 30.
In the latest development, the previous and incoming fiduciaries set to oversee the trust, Paul Kanin and Jodi Pais Montgomery, have denied his wish, citing California's "slayer statute."
The law prevents individuals from inheriting money or property from a person they "feloniously and intentionally" kill.
In court documents, new trustee Montgomery stated the upcoming trial will decide his access to the trust fund. She said "no distribution should be made until the Court resolves whether" the slayer statute is applicable in Nick's case.

#court #distribution #reiner
3 months ago

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