Thank you!
Couple of follow up questions here:
1. Since they are minors, if I do need to file Form 3520, do I have to file on their behalf?
2. If the Trust is co-owned (apologies for loose terminology) by both grandparents, is the limit to not having to file double the ~15k? I.e. can they receive that amount from each grandparent, bringing the total to ~30k?
Thanks again!
