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Attorneys urge court to grant Nick Reiner access to trust fund

Created at 17 Aug · 9:32 PM1 source↑ Market-relevant
IN SHORT

Attorneys for Nick Reiner asked a California judge to allow him to access his $1.5 million trust fund to pay for his defense against charges of killing his parents, Hollywood director Rob Reiner and producer-photographer Michele Reiner. A "slayer statute" prevents the release of funds.

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Key Numbers

$1.5 millionNick Reiner's trust fund amount
1993Year trust fund was established
$200,000Amount taken by trustees for legal fees
October 23Date of next hearing

Who's Involved

Nick Reiner
defendant accused of killing his parents, seeking access to trust fund
Rob Reiner
Hollywood director, father of Nick Reiner
Michele Reiner
Producer-photographer, mother of Nick Reiner
Anita Wu
Nick Reiner's attorney arguing for trust fund access
Judge Ruben Garcia
presiding judge over the trust fund dispute
Alan Jackson
attorney assisting with trust fund access on Reiner's behalf
Attorneys urge court to grant Nick Reiner access to trust fund

↳ Why This Matters

The case highlights the legal complexities surrounding "slayer statutes" and access to inherited funds when a beneficiary is accused of murdering the benefactor, impacting the ability of the accused to fund their defense.

Key facts

  • Attorneys for Nick Reiner are seeking access to his $1.5 million trust fund.
  • Nick Reiner is charged with the murder of his parents, Rob Reiner and Michele Reiner.
  • California's "slayer statute" is a legal barrier to accessing the trust funds.
  • The trust was established by his parents in 1993.
  • Trustees have already used $200,000 of the funds for their legal fees.
  • A hearing on the matter is scheduled for October 23.

Attorneys for Nick Reiner are pressing a California court to grant him access to a $1.5 million trust fund established by his parents, Hollywood director Rob Reiner and producer-photographer Michele Reiner, to pay for his defense against murder charges. Nick Reiner has pleaded not guilty to two counts of stabbing his parents to death, who were found deceased in their Los Angeles home in December.

A financial representative overseeing the trust stated that funds cannot be released due to California's "slayer statute," which prohibits individuals from inheriting from someone they intentionally killed. Nick Reiner's attorney, Anita Wu, argued at a Los Angeles Superior Court hearing that he should have started receiving payments from the trust upon turning 30. She expressed concern that the trust is being depleted by legal fees, noting that trustees have already taken $200,000 for their own legal expenses in the case.

Reiner was not present at the hearing. Judge Ruben Garcia has scheduled a subsequent hearing for October 23. High-profile attorney Alan Jackson, who previously represented Reiner in the criminal case before Reiner was unable to afford his counsel, is now assisting the probate attorneys. Jackson told reporters outside the courthouse that Reiner is entitled to his own money to select his own criminal defense attorney, rather than relying on a public defender.

Frequently asked questions

Nick Reiner is charged with two counts of stabbing his parents to death.

California's "slayer statute" prevents individuals accused of intentionally killing someone from inheriting from that person's estate or trust.

The trust fund contains $1.5 million.

His parents are Hollywood director Rob Reiner and producer-photographer Michele Reiner.

What Happens Next

01A hearing on the trust fund dispute is scheduled for October 23.

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Cadence

How It Developed

Attorneys for Nick Reiner urged a judge to allow him to use his $1.5 million trust fund for his defense.
Nick Reiner faces charges of stabbing his parents to death.
A "slayer statute" in California prevents funds from being released to individuals who intentionally killed someone.
Reiner's attorney argued he should have begun receiving payments from the trust when he turned 30.
The attorney stated trustees had already taken $200,000 for their legal fees.
Judge Ruben Garcia set a hearing for October 23.
Former attorney Alan Jackson is assisting probate attorneys seeking access to the trust.
Jackson stated Reiner is entitled to his own money to hire his own defense attorney.

Sources

T1
Attorneys press California court to give Nick Reiner access to trust fundReuters

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