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Final Trust Filing distribution to another Trust
My Mother passed away which resulted in an Irrevocable Trust Being funded with a life insurance policy and proceeds from her house. The entire trust was then split into trusts for each child. I am the Trustee of the original trust and am filing the taxes. Do I report a distribution from the original trust to each of the new trusts under their EIN Numbers sending them a K1?
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‎February 11, 2020
6:25 PM