Business & farm

Yup. So we've filed the partnership returns in the past with the grantor as the member, and I now have an EIN for the irrevocable trust member post-death. Just unsure how that "transfer" from the grantor (revocable) to the trust (irrevocable) is viewed for tax purposes - i.e. is it treated as a sale that triggers gain for the grantor? 

 

@Critter-3 yeah, it's coming around to that.  Just hoping to work out as much as we can on our own at this point.