Accused Murderer Denied Access to Parents' $1.5 Million Trust Fund
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Nick Reiner, accused of murdering his parents, has been denied access to a $1.5 million trust fund.
- The fund's administrator blocked his request for legal fees, citing California's "Slayer Law."
- Reiner faces trial on Sept. 15 for two counts of first-degree murder.
Nick Reiner, who stands accused of the brutal murder of his parents, Rob and Michele Reiner, will not be able to access a multi-million dollar trust fund established by them. The fund, valued at over $1.5 million, has been placed out of his reach as he navigates the legal proceedings.
the last administrator of the fund blocked the request that the 32-year-old young man had submitted to the California Court, and in which he asked to use the money to pay his legal expenses.
According to reports, the current trustee of the fund, Jodi Pais Montgomery, has officially blocked Reiner's request to use the money for his legal defense. Montgomery cited California's "Slayer Law," which prohibits individuals from inheriting or benefiting from the estate of a person they have murdered. This legal principle is central to the denial of Reiner's access to the funds.
no distribution should be made based on the state's 'Slayer Law.'
Reiner's defense team has argued that since he has not yet been convicted, the charges alone should not prevent him from accessing resources for his defense. However, the trustee has stated that any decision regarding the money should be made by a judge. Reiner is scheduled to appear in court on September 15 to face two counts of first-degree murder.
According to California law, a person cannot inherit money or property (including trusts) from a person they have murdered.
The situation highlights a complex legal battle where the accused's access to inherited wealth is directly tied to the pending murder charges. The court will ultimately decide the fate of the trust fund and its potential distribution, if any, pending the outcome of the murder trial.
the charges against his client are sufficient reason to prevent him from accessing the resources, since, so far, he has not been declared guilty of the crime.
Originally published by El Universal in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.