Hi,
I'm working on an estate tax return for a small estate. No estate taxes due, but filing for DSUE Portability.
Before his death, decedent had transferred all of his assets to a joint revocable living trust that was created for him and his (surviving) wife.
I've got a couple of questions I was hoping to get some advice on.
In Part 1, No. 7a (Name and Location of court where probate was filed) what should be entered if no probate was filed - in this case, because everything was already in decedent's RLT?
Also, on Part 4, No. 4c - Amount Received by Surviving Spouse - should I put in 1/2 of the value of the Trust's assets (there was no separate property in the trust)?
Thanks in advance,
Tom
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