DianeW777
Expert Alumni

Business & farm

Yes, you would continue with the same trust and you can mark Form 1041 as final this year. 

  • After the grantor of an irrevocable trust dies, the trust continues to exist until the successor trustee distributes all the assets (which is you in this case).

It depends. It would make sense for it to be a short tax year if you are considering it's ending on your father's death in 2024. Be sure to mark it final.

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