Maggie,
You are absolutely right, it is not possible to resize the frame for the
hand-outs master. But there is this add-in that could help you out:
http://www.mvps.org/skp/how/

Signature
Luc Sanders
(MVP - PowerPoint)
> It seems neither in handout master or print preview the size of the frame
> for
> handout cannot be changed. There are a lot of blank spaces and i want to
> make
> the handout bigger. Any way?