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I am creating a simple Revocable Living Trust. Does it have
I am creating a simple Revocable Living Trust. Does it have to have TAX identification number ? This is Estate Question.… read more
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Tax.appeal.168
Principal
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When applying for a trust EIN upon death of the grantor, do
When applying for a trust EIN upon death of the grantor, do I choose revocable or irrevocable as the trust type when filling out the IRS online application? … read more
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Question about tax number for a deceased persons trust fund.
Question about tax number for a deceased persons trust fund. I am requesting it through a website that you pay for. It requests the creator/guarantor name and social security number. Why do they need … read more
Barbara
Barbara
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I had a client pass in 2016 and she had annuities which many
I had a client pass in 2016 and she had annuities which many went directly to her charitable gift fund. The CPA says the 1099's are incorrect because they have the trust tax ID number on them … read more
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I have a question about applying for an EIN for a trust. My
I have a question about applying for an EIN for a trust. My father had a revocable living trust and named me as the successor trustee. Dad died the week before last. I understand the trust has become … read more
Barbara
Barbara
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I was beneficiery of my brother's 401k (he passed away). I
I was beneficiery of my brother's 401k (he passed away). I used the money to create a trust fund for his surviving daughter. I set up a revocable living trust. The attorney went through IRS to assign … read more
Lev
Lev
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Bachelor's Degree Equivalent
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Brother and sister have title to their grandparents' house.
Second opinion] Brother and sister have title to their grandparents' house. They are settlors/trustors in an irrevocable trust with their father as the trustee. In selling the house, are brother and s… read more
Barbara
Barbara
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When applying for a revocable trust EIN number, the last
When applying for a revocable trust EIN number, the last question asks for a funding year and wont allow anything over 25 years old. Our trust was created in12/90. 26 1/2 years ago We need that number… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
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My mother is in a Revocable Living Trust and is needing to
My mother is in a Revocable Living Trust and is needing to have home health care attendents now and has been told she needs a EIN number for paying the two ladies she employes. Is there a direct way t… read more
Richard
Richard
Tax Attorney
Doctoral Degree
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DOES AN EIN NUMBER PROTECT A REVOCABLE TRUST, WE OPEN A
WE OPEN A CHECKING ACCOUNT AT CHASE BANK AND I TOLD HIM WE HAD A REVOCABLE TRUST AND HE SUGGEST APPLYING FOR EIN NUMBER AND ALLOWING IT/THE EIN BECOME THE BENEFICIARY OF THE TRUST. … read more
Richard
Richard
Tax Attorney
Doctoral Degree
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With a s and her donor trust when the tax SSN belongs to the
With a his and her donor trust when the tax SSN belongs to the one who dies first, what to do about tax ID and continuing revocable trust? Does the trust have to be redone?… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,255 satisfied customers
Shawn, I just reviewed the question asked previously
Hi Shawn, I just reviewed the question asked previously regarding the "grantor" question in establishing tax i.d. for revocable lvg trust where grantor has passed. You stated it is o,k. to have the re… read more
Stephen G.
Stephen G.
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Bachelor's Degree
7,255 satisfied customers
My grandmother recently passed away and I am trustee of her
My grandmother recently passed away and I am trustee of her revocable trust. She has an annuity that says i need an EIN. Who is the responsible party for the EIN application?… read more
ShawnA
ShawnA
CEO
Bachelor's Degree
2,450 satisfied customers
I saw your response about setting up an EIN revocable
I saw your response about setting up an EIN for a revocable trust after the grantor dies, and you chose to select trusts (all Others). Does this selection effect how the monies are taxed upon disburse… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
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When applying for a ein for an irrevocable trust - due to the grantor's death. Who is
When applying for a ein for an irrevocable trust - due to the grantor's death. Who is the responsible party- I initially put in the trustee, but at the end of the application process the summary page … read more
Lev
Lev
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Bachelor's Degree Equivalent
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Since the IRS website has no special Land Trust selection.
Since the IRS website has no special Land Trust selection. I registered a Revocable Trust on IRS website in 2013, and chose the 645 Election. I used the Trust as a Land Trust to hold the title of a re… read more
Anne
Anne
Master Tax Preparer
2,490 satisfied customers
Lane, I was chatting with you yesterday regarding write down
Lane, I was chatting with you yesterday regarding write down on the small mortage fund that I run. This is a new question. Most of my investors are family trusts, who give me the original trustors hus… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,356 satisfied customers
My father died recently. He had all his assets in a Revocable
My father died recently. He had all his assets in a Revocable Living Trust and I was the Trustee. The estate was below 1 million. I need to file a final 1041 for the estate. When I apply for an EIN fr… read more
RD
RD
Self Employed
Master's Degree
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