Rob Reiner’s son Nick could be ineligible for inheritance

Speaker Series at AOL Studios In New York on May 4, 2016 in New York City. (Photo by Laura Cavanaugh/FilmMagic)

Rob Reiner’s net worth at the time of his death was $200 million, according to Celebrity Net Worth. As both he and Michele are now dead, their children will most likely inherit their parents’ fortune. But what happens to Nick’s share?

Speaking with People Magazine, estate and trusts attorney Sean Weissbart, a partner at Blank Rome LLP who is not connected to the case, said the 32-year-old, who is charged with killing his parents, will become ineligible to inherit from his parents’ estate if he is convicted of the crime, per a particular state law.

“California has what’s called a slayer statute, which says if you kill someone that you’re going to inherit from, you lose your inheritance and any right to serve as a fiduciary of their estate. So assuming he’s convicted of this murder, he’s out as beneficiary, along with any fiduciary appointments he may have,” Weissbart told People, adding that a fiduciary appointment is “an executor, a trustee, [or] if they died without a will, which is probably unlikely, an administrator.”

Could be ineligible for inheritance

The expert states that a revocable trust and a will are the “most common” estate-planning tools in California. Often, as it’s a community property state, “you’ll see that a married couple has a joint revocable trust.”

Regardless of how Rob and Michele structured their estate plan, Nick is unlikely to receive any inheritance if he’s convicted.

“Let’s assume that the four children got everything in equal shares. Nick would be disqualified, and everything would just go — probably — in three equal shares [instead],” Weissbart said.