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Ellen
Ellen, Attorney
Category: Estate Law
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When setting up a revocable living trust, must a TIN/EIN be

Resolved Question:

When setting up a revocable living trust, must a TIN/EIN be obtained? Please cite IRC Reg if available.
Submitted: 8 years ago.
Category: Estate Law
Expert:  Ellen replied 8 years ago.

Hello,


Thank you for your question. I am happy to assist you.

A revocable trust can use the social security number of the grantor. When the trust becomes irrevocable, it must obtain its own identifying number.


Here is the site, see page 10 on trusts:

http://www.irs.gov/pub/irs-pdf/p1635.pdf


I hope that the information which I provided was helpful to you.


Best wishes for a successful outcome. If you have additional questions, please do not hesitate to submit them to me directly.


Thank you,
FLAandNYLAWYER


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