The beneficiary cannot directly handle assets that have been conveyed into the trust. However, the trustee can use of the trust’s assets to address the supplemental needs of the beneficiary.
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Paul Kraft is Co-Founder and the senior Principal of Frank & Kraft, one of the leading law firms in Indiana in the area of estate planning as well as business and tax planning.Mr. Kraft assists clients primarily in the areas of estate planning and administration, Medicaid planning, federal and state taxation, real estate and corporate law, bringing the added perspective of an accounting background to his work.Read More!
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