Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Tuesday, October 29, 2013

Beware of Nursing Home Trust Fund Theft

Nursinghome

A USA Today investigation found that over 100 cases of theft from nursing home trust funds have been prosecuted since 2010.  In many cases, the nursing home bookkeepers and office managers tasked with handling trust funds and managing expenses were the main culprits.

The investigation discovered just how easy it is for administrators to get away with this crime.  Most states have no audit requirements or criminal background checks.

Mandatory background checks could help solve this problem, but for now, the loved ones of nursing home residents should monitor monthly statements from the facility and check actual receipts for purchases made.

See Jeff Rossen & Josh Davis, Rossen Reports: Thieves Target Seniors at Nursing Homes, Today News, Oct. 25, 2013.

http://lawprofessors.typepad.com/trusts_estates_prof/2013/10/beware-of-nursing-home-trust-fund-theft.html

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