Life Care’s ‘existence’ fretted as owner’s son seeks conservatorship, alleging gross abuses by gun-packing stepmother

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Life Care Centers of America owner, founder, CEO/Chairman Forrest Preston, circa 2003 (Photo: Max McKenzie/LCCA)

A son of billionaire Life Care Centers owner Forrest Preston has filed for conservatorship of his disabled 91-year-old father, whom he says has been physically and financially abused by his stepmother, to the point of putting the giant nursing home chain’s “very existence” in peril.

In addition to allegedly funneling millions of dollars worth of real estate and cash to herself, her sister and brother, Preston’s third wife also may have her eyes on control of the largest privately owned nursing home chain in the country, Aubrey B. Preston said in a Tennessee county chancery court filing Tuesday.

As a result of the filing, a Bradley County judge ordered the elder Preston to undergo a pair of medical exams. He also will be interviewed out of range of his wife and her family members by a court-appointed attorney acting as his guardian. They, too, will be interviewed individually, along with other key witnesses in Aubrey Preston’s 28-page complaint…

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