Date Entity Created on a 1041 for a Sub Trust

Forum|Forum|1 year ago
February 11, 2025
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For the main Trust the “Date Entity Created” on a 1041 is the date that my father died which was 09/14/2024. What would the Date Entity Created for the Sub Trust be? My father’s Estate Lawyer created the Sub Trust on 10/15/2024 and there were no court proceedings for the Sub Trust. Only the main Trust had them.

DaveF1006

Level 15

The "Date Entity Created" for the Sub Trust on Form 1041 would be the date the Sub Trust was established, which is 10/15/2024. This is because the Sub Trust was created as a separate entity on that date, regardless of the court proceeding.

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trust812Author

Level 6

@DaveF1006 So if there were no court proceedings when establishing the Sub Trust on Form 56 in Section III “Court and Administrative Proceedings” would my father’s Estate (Trust) lawyer who established the Sub Trust be listed here rather than the court? Thanks!