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Does this apply no matter what the amount of the trust assets are and if my sister and I were named as Successor Co-Trustees(as the need may occur). And am I correct in saying that a revocable Trust becomes irrevocable upon the death of the last settlor?
So, there would have been no need to continue theTrust, according to the answer you gave for the first question? I will be attaching a $25 bonus of thre extra questions.
It all depends on why she is trying to deduct money, if there were expenses of the estate then those expenses should be shared between the beneficiaries.
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