Trust Funds

The Trust Funds module offers health centers and long-term care communities the tools to manage residents' trust fund income and disbursements. Fully integrated with the LifeCare Plus General Ledger, accounts maintained in Trust Funds can be used to pay outstanding Health Center A/R.

Key Features

• Records and track deposits and withdrawals
• Distributes allowances to residents directly from their accounts
• Accepts personal deposits from residents, or monthly income such as Social Security, Veteran's Aid, etc.
• Monitors and report interest earned for each resident
• Prints monthly statements for each account
• Generates quarterly and YTD reports
• Automatically prints checks, check stubs, and all trust fund registers
• Produces 1099 forms

When you're ready, contact us for a free demo to learn how the LifeCare family of products can address your organization's needs.