Chapter 9 - ANNA’S MONEY
Then Helen asked:
“What assets did Anna have?”
I had never cared much.
Anna’s father died before we met.
He left her investments.
She called it “Dad’s money.”
Separate property.
I knew there was a trust.
I did not know the value.
Approximately $4.6 million when Anna became ill.
Current value:
$5.3 million.
Independent investment manager.
Conservator controlled approved spending requests.
Marlene.
I felt sick.
“How much did she take?”
“Slow down.”
Audit first.
Court reports showed expenses.
Anna’s residential care.
Legitimate.
Medical costs.
Legitimate.
Legal.
Legitimate.
Then:
Family caregiver reimbursement to Marlene.
Travel.
Housing supplement.
Consulting.
Property maintenance.
Approximately $382,000 over four years paid directly or indirectly to Marlene.
Not all fraudulent.
She traveled to Anna’s facility.
Managed care.
Handled paperwork.
But the amount was high.
Then I saw:
Minor-child support reimbursement.
Beneficiary:
Lily Hale.
Payments to Marlene:
$1,800 monthly.
I stared.
“She never supported Lily.”
“Did she provide childcare?”
“Sometimes.”
“How often?”
“One weekend every few months.”
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The trust had been paying her as though Lily lived partly with her.
Marlene was financially rewarded for being positioned between Anna and us.
