I guess my question is more for an accountant. If there is a bank account for the Trust and another bank account for the SubTrust and both have different EIN’s, if a large chunk of money (about $130,000) is moved from the Trust account to the SubTrust account doesn’t the IRS want to know when a lot of money is moved even though it’s not taxable because the IRS might think it is income even though it is not? Usually tax forms are mechanisms to explain things to the IRS.
