0:00
/
0:00
Transcript

Who's responsible for destroying the Flint trust?

Fingers are pointed everywhere; however, no one can save a trust which was supposed to provide for both Flint brothers.
Part of a declaration from the current temporary trustee of the Flint trust, Jason Rubin

Note: check out the interview with Mike and Guy Flint, the two beneficiaries, and Cheri O’Laverty, the former trustee of the Flint trust.

Mike and Guy’s parents did well financially. Joyce followed husband, Mitchell, in death, but before then, she left a will and a trust.

The trust was primarily several pieces of real estate worth millions in which Mike and Guy could live and could generate income.

Joyce and Mitchell lived the American dream, and this trust set their two sons up for life.

Furthermore, neither brother has a child, so upon their deaths, contingent beneficiaries- including Israel, Cedar Sinai Hospital, and others- would receive the trust.

It was the legacy which Joyce and Mitchell left, but it has turned into a nightmare.

Mike Flint, during the interview, blamed three entities primarily for destroying the trust set up for him and his brother, Guy: Sandra DeMeo, Pamela Koslin, and the system.

I have previously written about this trust, and the roles DeMeo, Koslyn, and the system played.

DeMeo defrauded the trust, stole at least $20,000, all while pushing an agreement which only favored her for four years.

A $20,000 check DeMeo wrote herself after being removed as trustee. It’s part of a pattern of fraud and abuse by DeMeo, but she has not retuned any of them money she’s allegedly squandered.

Finally, last year, a judge voided this agreement, but the damage was done.

Enter Pamela Koslyn. Koslyn didn’t pay some rent to Mike Flint. He sued, it went to arbitration, and somehow an arbitrator ordered Mike to pay Koslyn a bunch of money.

Photo of Koslyn taken during a hearing

I left messages for Koslyn and DeMeo with no response.

She tried to collect from the trust, even though the debt is Mike Flint’s.

For years, these two attacked the trust, until in the summer of 2024, an Orange County probate judge voided DeMeo’s agreement.

Even after that was resolved, the trust was still in dire straits. The probate system allowed this to unfold for so long, the only ones who made money were lawyers.

Meanwhile, mortgages went into default, rentals remained unoccupied, and repairs didn’t get done.

The system stood by.

How could such a calamity occur?

Enter, Jason Rubin. Rubin was appointed the temporary trustee on September 3, 2024. On March 31, 2025, he submitted a declaration in support of a fee request for $55,229.75 for his first three month’s work.

Rubin did not respond to an email for comment.

In his declaration, Rubin said there was plenty of blame to go around: DeMeo, Koslyn, Mike Flint, Guy Flint, lawyers, and his predecessor, Cheri O’Laverty.

I brought Mike, Guy, and Cheri to discuss the declaration, and the current standing of the trust. In the interview, we addressed each point made by Rubin.

Rubin painted a dark picture in his declaration.

Mike Flint countered that there were ways to salvage the trust, but that Rubin decided the only way was to have a fire sale and sell all the properties at cheap prices.

Flint further noted that if the situation was as dire and chaotic as Rubin described, he shouldn’t have accepted the position and charged the trust $55,000 to accomplish nothing.

Rubin said he accomplished plenty: helping to get two properties under contract, get insurance, pay taxes, manage the rental properties and more.

Mike said it was Rubin’s idea, and not his mother’s wish, to sell the properties. Furthermore, they are selling for far less than they could go for, Mike said he believed.

The sales, along with a host of issues, are awaiting court approval, according to Rubin’s declaration.

Some of the things awaiting court approval, according to Rubin’s declaration

Mike and Guy said that since his appointment Rubin has been nothing but trouble. Mike said that Rubin created problems with the insurance, screwed over the previous property manager, and refused to do a reverse mortgage which would have saved the property. In his declaration, Rubin said the reverse mortgage was impossible.

Mike said he lives in the property and he’s of age. A reverse mortgage would have generated enough income to maintain Mike and Guy for life, along with the rental income the properties can generate.

Mike said he believes that Rubin refused to pull the trigger because it would have left the contingent beneficiaries with nothing.

A reverse mortgage is paid back upon death and generates income during the borrower’s lifetime.

Rubin also blamed O’Laverty for some of the problems.

Cheri denied this and said she did everything she could to save the trust.

She also made another startling point. She said the court removed her after the request of Koslyn, who has no claim to the trust.

Rubin called Koslyn an existential threat the estate, saying, “Among the pricklier issues facing the Trust is Pamela Koslyn. Pamela Koslyn is a Judgment Creditor of Mike Flint, and she has inserted herself into this matter and participated in multiple hearings to try to accomplish that she is entitled to enforce her Judgment against the Trust, regardless of how it effects other beneficiaries and regardless of whether the Trust is going to be distributed to Mike Flint any time soon. To that end, Ms. Koslyn poses an existential threat to the Trust, and if her Judgment against Mike Flint is permitted to be effectuated against the Trust, the Trust will suffer a quick and catastrophic collapse.”

Koslyn continues to insert herself, Mike Flint said.

Rubin said that Mike and Guy believe that DeMeo should pay, but he said that was unrealistic.

While Rubin threw cold water on that idea, he also called the trust illiquid, while asking for $55,000 for three months work.

Cheri said that sum was way more than any other trustee has billed in such a short time.

The situation gets even pricklier because Guy’s attorney lives in one of the properties.

I reached out to Mr. Herrick, but he didn’t respond. Guy acknowledged the arrangement but said it was the only way to afford a lawyer. I called the arrangement a conflict of interest.

All of it together is a perfect storm which puts this once thriving multi-million-dollar trust on the brink of collapse.

Postscript

Check out the fundraiser for Orange County, and here are the previous articles in the series. Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, Part 7, Part 8. Part 9, Part 10, Part 11, Part 12, Part 13, Part 14, Part 15, Part 16, Part 17, Part 18, Part 19, Part 20, Part 21, Part 22, Part 23, Part 24, Part 25. Part 26, Part 27, Part 28, Part 29, Part 30, Part 31, Part 33, Part 34, Part 35, Part 36, Part 37, Part 38, Part 39, Part 40, Part 41, Part 42, Part 43, Part 44, Part 45, Part 46, Part 47, Part 48, Part 49, Part 50, Part 51, Part 52, Part 53, Part 54, Part 55, and Part 56.

Discussion about this video