When you’re sitting in a cell awaiting trial for your parents’murders, most people wouldn’t expect your next move to be a legal battle over inheritance. But that’s exactly where Nick Reiner finds himself—fighting through the court system to access a $1.5 million trust fund while facing the most serious charges imaginable.
Here’s the setup: Rob and Michele Reiner, who died in their Los Angeles home at ages 78 and 70, had established a separate trust for Nick’s benefit years before their deaths. The plan was straightforward—half the money would go to him outright when he turned 30, with the remainder arriving at 35. Nick turned 32 in September 2025, which means he’s already past the first distribution deadline. Yet according to the petition filed on Monday, June 8, he’s never received that initial installment.
The trustee’s reasoning? Concerns about Nick’s competence to manage the money. But here’s where things get complicated: there’s been no judicial declaration that Nick is incompetent. The petition describes“months of repeated inquiries”met with“a shifting series of excuses and justifications,”and argues that since the trust is irrevocable, the trustee can’t withhold funds based on vague concerns alone. Nick claims he doesn’t even know the full amount in the trust—just that it exceeds $1.5 million.
Nick was arrested in December 2025 after his parents were found dead. He’s denied fatally stabbing them. The stakes here are genuinely high: locked up without access to funds, he’s struggling to cover legal expenses and basic commissary needs. His next court hearing is set for September 15, where prosecutors will formally present evidence for the murder charges.
The story gets messier when you factor in Nick’s documented struggles. He’s been candid about past drug abuse, was diagnosed with schizophrenia, and reportedly fired his psychiatrist and changed medications before his parents’deaths. That medical and personal history is exactly what the trustee seems to be leaning on—but the petition makes a sharp legal argument: you can’t use unproven competency concerns to freeze an irrevocable trust.
What unfolds is a collision between two systems: criminal justice and probate law. While prosecutors build their case for murder, Nick’s lawyers are arguing a separate matter: regardless of what happened to Rob and Michele, the trust itself is his, and the trustee’s power to hold it hostage is legally limited. Whether the court agrees could reshape how this case plays out behind the scenes.
About the Author
Local Lawton
Local Lawton is a contributor to LocalBeat, covering local news and community stories.