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Level 6
January 28, 2021
Question

Grantor Trust ein after death?

  • January 28, 2021
  • 1 reply
  • 5 views

Trustees need to get an ein for a grantor trust sole trustee has passed. I had not been on the Irs ein site in quite a while. Grantor also has a will. They show are you filing for testamentary trust on there. Do they need that or do they need revocable since that was how it was established or do they apply for irrevocable since she is now deceased?

 

thx

Michele

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1 reply

sjrcpa
Level 15
January 28, 2021

Irrevocable.

And the reason is because the Grantor died. Death of a trustee is usually  a nonevent for a trust since the  document will have a provision for a successor trustee.

The more I know the more I don’t know.