bernie10
Level 3
‎11-07-2023 10:19 AM

Got new client.  Mother passed away in January of 2022 and daughter got a tax id in the name of the trust.  I have not done a fiduciary return recently and thought it should be in the name of the estate and not the trust.  Should I apply for a new FID in the estate name or just file it in the name of the trust and mark final?  

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IRonMaN
Level 15
‎11-07-2023 10:28 AM

If mom had a revocable trust, it became irrevocable when she died, so the daughter would have done things right.  


Slava Ukraini!
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sjrcpa
Level 15
‎11-07-2023 10:46 AM

But, whatever is not in the trust is part of the estate. In my experience, there usually are things not titled to the trust.


The more I know the more I don’t know.
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Taxtime3
Level 4
‎11-07-2023 02:14 PM

There may be a pour over will?  You will have to get any trust documents and will's.  That will be the only way you know you are going in the right direction.

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George4Tacks
Level 15
‎11-07-2023 03:54 PM

Get a complete copy of the trust for your records. It is the bible for what to do. 


Answers are easy. Questions are hard!
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