2 questions. 1)I set up my estate end of last year as a trust for kids and grandchildren. Of course, both me and my wife are still alive. I obtained an email from the lawyer advising me to remember to file 1041(he sent out to all his clients) if needed. Since neither me or my wife is deceased, do I have to worry about a 1041 at this time or do I just file taxes as usual. Also,(2) can i deduct trust attorney fees on my taxes for setting up trust.
Thanks
