Nick Reiner Denied $1.5M Trust Fund

Nick Reiner's appeal for access to his $1.5 million trust fund has been denied by the fiduciaries overseeing the fund. The trust fund, set up by his parents, Robin Reiner and Michelle Reiner, is currently out of reach for Nick Reiner as he awaits trial for their murder.

The fiduciaries, Paul Kanin and Jodi Pais Montgomery, cited California's 'slayer statute' as the reason for the denial. This statute prevents individuals from inheriting money from people they have feloniously and intentionally killed. Reiner is currently in jail, awaiting trial for the murder of his parents, and had requested access to the trust fund to cover his legal costs.

Reiner had pleaded not guilty to the murder charges in February and is currently being held at the Twin Towers Correctional Facility in Los Angeles. His next scheduled court appearance is on September 15. If the trust fund is not distributed to Nick Reiner, it will be distributed equally between his siblings, Romy and Jake Reiner.

The 'slayer statute' is a California law that prevents a person who has feloniously and intentionally killed the decedent from inheriting any property, interest, or benefit under a will of the decedent, or a trust created by or for the benefit of the decedent. In this case, the fiduciaries argue that Reiner's alleged actions make him ineligible to access the trust fund.

## Why it matters The denial of Nick Reiner's appeal for access to his trust fund has significant implications for his upcoming trial. Without access to the trust fund, Reiner may be unable to afford a private lawyer, which could impact his ability to defend himself against the murder charges. The case highlights the complexities of California's 'slayer statute' and its application in cases where the accused is alleged to have killed the person who established the trust.

The outcome of the trial will determine the distribution of the trust fund. If Reiner is found guilty, the fund will be distributed to his siblings, Romy and Jake Reiner. The case is ongoing, and Reiner's next court appearance is scheduled for September 15.