When a beneficiary dies, how are the remaining funds in the trust account allocated?

The Sponsor for the trust account indicates in the Sponsor Agreement which individuals or organizations will receive the remaining funds. The Camphill Resident’s Trust has established guidelines for required and discretionary distributions. Such guidelines are customary for pooled trusts which typically are administered by tax-exempt organizations. There are different guidelines for Supplemental Needs Trusts and Special Needs Trusts. For more information, please contact the CRT administrator.

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