topic Grantor of Living Trust is deceased do I as executor need to establish an EIN in After you file

Grantor of Living Trust is deceased do I as executor need to establish an EIN

Ziptie3591 — Tue, 16 Mar 2021 18:50:07 GMT

Our parents in 1996 created a living trust in Texas using their SS#. The beneficiaries are their four children with me being the Executor of the trust. Father passed in 2006 and mother the last surviving trust member passed January of 21. All assets are held in trust. In order to report and distribute assets as Executor am i required to establish an EIN or can I continue to report using the Grantors SS#?

Re: Grantor of Living Trust is deceased do I as executor need to establish an EIN

Anonymous_ — Tue, 16 Mar 2021 20:09:28 GMT

When the trust becomes irrevocable upon the death of the grantor, the trust needs an EIN.

Re: Grantor of Living Trust is deceased do I as executor need to establish an EIN

Ziptie3591 — Wed, 17 Mar 2021 00:33:57 GMT

I was thinking that was the case. Does this mean that on the IRS EIN site we request an irrevocable trust EIN?

Re: Grantor of Living Trust is deceased do I as executor need to establish an EIN

npierson7 — Wed, 17 Mar 2021 00:49:40 GMT

Yes, you can apply for EIN here:

Apply for an Employer Identification Number (EIN) Online

Re: Grantor of Living Trust is deceased do I as executor need to establish an EIN

Anonymous_ — Wed, 17 Mar 2021 00:58:57 GMT

@Ziptie3591 wrote:

Does this mean that on the IRS EIN site we request an irrevocable trust EIN?

Yes. In the link provided by @npierson7, select "Trust" when prompted for the type of legal structure.