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

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Friday, July 11, 2014

Father's Indecencies Funded by Disabled Son's Trust Fund

Laeske

An Appleton man has been charged with stealing more than $360,000 from his disabled son’s trust fund to pay for his drugs, pornography and vacations. 

Police say Todd Laseke, 48, transferred $502,672 from the trust fund into his personal bank accounts between 2008 and 2011.  While Laeske was permitted to take a $3,000 monthly allowance, almost $400,000 was spent beyond his stipend.  Beginning in October 2010, the register in probate asked Laseke to explain this “substantial” spending, however, he did not comply.  Officials subsequently appointed a guardian ad litem to represent Laseke’s son and investigate.  Through subpoenaed documents, it was discovered that money was being spend on trips to Florida, a minivan as well as marijuana and cocaine. 

On Tuesday, Laseke filed paperwork for a court-appointed attorney.  The court commissioner set a $100,000 signature bond and he was not taken into custody.

See Ariel Cheung, Police: Man Used Disabled Son’s Trust Fund for Drugs, Porn, The Northwestern, July 8, 2014.

http://lawprofessors.typepad.com/trusts_estates_prof/2014/07/fathers-indecencies-funded-by-disabled-sons-trust-fund.html

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