Tag Archives: tax number

Does a trust need a tax ID number?

A living trust can be complicated to manage if you are not prepared. There are several reasons why you will need to obtain an EIN through IRS-EIN-Tax-ID for your living trust. For more information on how to obtain an EIN, make sure to talk with a trusted professional.   Why your trust will need a Tax ID number There are several reasons your trust will need to obtain a Tax ID number. If your trust owns life insurance, it does not automatically follow special rules…

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