Question

 Do I need to file a 1041 for a living trust?

Answer On One Hand: Only Three Requirements For Form 1041There are only three requirements for form 1041 to be filed. First, if the trust had any taxable income during the year (no matter what the amount... Read More »
http://www.answerbag.com/q_view/2002054

Top Q&A For: Do I need to file a 1041 for a living trust

How to Amend a Living Trust or Change a Living Trust?

A living trust protects your assets and settles the question of who will be receiving what part of your assets after you die. Putting assets in trust can also have some tax benefits. A living, or r... Read More »
http://www.ehow.com/how_7341375_amend-trust-change-living-trust.html

Who must file a 1041 form with the irs?

Form 1041 is filed by the representative of a taxpayer’s estate or trust. Form 1041 is the equivalent of Form 1040 used by individual income tax filers and is used to report all income, deduction... Read More »
http://www.answerbag.com/q_view/2231530

Is a living trust a testamentary trust?

A living trust is not a testamentary trust. A living trust--also known as an "inter vivos trust"--takes effect in the maker's lifetime. In contrast, a testamentary will go into effect only after th... Read More »
http://www.answerbag.com/q_view/1988051

Does a beneficiary of a living trust have the right to see the trust?

A beneficiary's right to examine a revocable living trust does not exist until the trustor---the person who made the trust---dies. The beneficiary then has the right to request a copy of the trust ... Read More »
http://www.answerbag.com/q_view/2017226


feedback
loading