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Can a trust limit my parent’s access while paying care bills? | NC
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Q: Can a trust be set up so a trustee pays for assisted living and other expenses while limiting my parent’s direct access to the funds? A: Yes—this can be done by creating a trust where the trustee, not your parent, controls the money and pays bills directly to the assisted living facility and other vendors. The trust has to be written with clear distribution rules that give the trustee…