Indiana Statutes
§ 30-4-3-25.5 — Distribution of terminated trust; payment of federal and state taxes
Indiana § 30-4-3-25.5
This text of Indiana § 30-4-3-25.5 (Distribution of terminated trust; payment of federal and state taxes) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 30-4-3-25.5 (2026).
Text
5.
(a)This section applies beginning October
1, 2009.
(b)Except as provided in subsection (d), when a trust created to
comply with 42 U.S.C. 1396p(d)(4)(A) is terminated, the trustee shall
not distribute trust property to any person entitled to payment from the
trust until the office of Medicaid policy and planning has been fully
reimbursed for assistance rendered to the person for whom the trust
was created.
(c)The primary purpose of a trust described in subsection (b) is to
ensure that the state is repaid Medicaid benefits provided in return for
excepting the trust from the general requirements of 42 U.S.C. 1396(d).
(d)A trustee may pay federal and state taxes from the trust before
reimbursing the office of Medicaid policy and planning.
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Related
Legislative History
As added by P.L.14-2009, SEC.3.
Nearby Sections
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Stocks; bonds; securities§ 30-1-2-2
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Eligible investments§ 30-1-5-1
Securities; insurance§ 30-1-6-3
Bidding; report; hearing; endorsement§ 30-1-6-5
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Bluebook (online)
Indiana § 30-4-3-25.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-4-3-25.5.