Legal Corner

-List Your Site Here! -- Targeted Advertising For Just Pennies A Day! -Tell A Friend - Bookmark This Page

LegalCornerTM - Trusts F.A.Q.'s

Find A Lawyer
Law Area:




Search By:


Q.Do I have to file an income tax return for my living trust?

A.No, not during your lifetime anyway. If you are the creator of the revocable living trust as well as the trustee or co-trustee, the taxpayer identification number on your trust accounts will be your Social Security number. All income and expenses related to the trust's assets are reportable on your individual income tax return.

Copyright 1999-2019 Melissa C. Marsh. All Rights Reserved. All Information on this website is subject to a Disclaimer and Use Agreement. This information is provided as general information only and should not be construed as legal advice. We advise you to seek the advice of competent legal counsel to address your own specific questions, facts and circumstances.