@maglib wrote:
1. If the TRUST agreement allows for funeral expenses to be paid, they still won't be expenses for tax purposes, am I correct on that?
Yes, you are correct; funeral expenses are not deductible on a 1041 (only on a 706 for estate tax).
See https://www.irs.gov/instructions/i1041#en_US_2023_publink100077445
@maglib wrote:
2. I had lawyers fees for getting all the assets, filing all the papers to obtain the trust assets. Lots of meetings with family to get paperwork signed. Are these expenses of the Trust for tax purposes?
Those legal fees should be deductible as expenses directly related to the administration of the trust.
