In a lawsuit filed on her behalf, the 90-year-old senator's daughter alleged the trustees of Feinstein's late husband's estate have failed to pay the millions she's due.
The suit says the trustees told Feinstein in March"that Blum’s estate lacked liquidity, and had a large estate tax liability." It also says the trustees sold Blum's interest in a hotel in Berkeley, California, in May, reportedly for $163 million, but alleges they never explained why they didn't use any of those proceeds to fund the senator's marital trust.
Feinstein's suit alleges the trustees are stalling on making the payments in order to help Blum's children, noting that upon “Feinstein’s death, the Marital Trust’s assets pass to trusts for the benefit of Blum’s three daughters.” A spokesman for Feinstein, Adam Russell, said, “This is a private legal matter. Senator Feinstein and her office won’t have any comment.”
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