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My mom has passed. there was an irrevocable trust, which all
my mom has passed. there was an irrevocable trust, which all interest earned will be filed on her income tac form, sine the 1099 int form is in her name and SS #..as the trustee of the acc, I distribu… read more
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Need to liquidate some (not all)stocks held in an Irrev.
need to liquidate some (not all)stocks held in an Irrev. Trust If I sell the stocks within the trust, the trust will pay the capital gains tax, Correct? Is there a way I can distribute them in kind to… read more
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My mother passed away in April. Her home was owned by a
My mother passed away in April. Her home was owned by a revocable living trust. I understand the stepped up basis so there will be no gain; it sold shortly after her death. Do I report this sale on he… read more
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My wife inherited an investment through a living trust that
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My mother died in May of last year (2014) and all of her
My mother died in May of last year (2014) and all of her assets were in a Living Trust. I took out a new tax ID for the trust at that time and filed a return for 2013 for the Trust stating all zeros w… read more
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My Father passed away on 3/27/14, he and my mother have the
My Father passed away on 3/27/14, he and my mother have the following assets: Home $800K Cash 150K Investments 450K Dad IRA 625K Dad Roth 92K MOM IRA 25K Upon his death, there were two life Insurance … read more
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I am the successor trustee of my fathers trust who passed
I am the successor trustee of my father's trust who passed away in October 2013. He was the co-signor for student loans (private) for my brother who has no job and no income. The bank discharged the l… read more
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My mother just passed away - she had two mutual funds in her
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My wifes mother put her house into an irrevocable trust on
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My mother passed away in March. She had a revocable trust with
My mother passed away in March. She had a revocable trust with me as the successor trustee. Only her home and three CDs were placed in the trust. CDs outside the trust were POD for her three children.… read more
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When our Mother died in 2011 she had a trust set up and the
When our Mother died in 2011 she had a trust set up and the balance of her trust was divided equally among the 3 us us. My sister in Oregon does not have to pay taxes on this as it was under $100,00. … read more
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My client died in September of 2010. We requested an extension
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I would like some advice on the returns I am preparing for
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My husband is the trustee for his mothers trust. In 2009 her
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I am the beneficiary of a trust that was created for my ...
I am the beneficiary of a trust that was created for my mother whom passed away. Just prrior to death she mailed in request to sell a stock. The date of sale on the 1099 was the day after her death. W… read more
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I am the trustee of my mothers property which was ...
I am the trustee of my mother's property which was purchased 30 years ago and is held in a trust. For tax purposes, is it better to sell it now while she is still alive or wait until after her death t… read more
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