Good morning!
I am working on Form 56 and having difficulty figuring out the correct option for Section A Authority.
My mother recently passed away and her revocable trust became an irrevocable trust. She also has a valid will. There were no court proceedings.
I am the trustee on her trust and the executor on her will.
My understanding is that I need to file 2 versions of Form 56. One as the trustee for the trust's tax returns, where I will choose Option E (valid trust instrument and amendments). The second will be for my mother's final tax return.
It is the second Form 56 that I am unsure about. Option 1a doesn't fit because there wasn't a court appointment. Option 1b doesn't fit because there was a valid will. Option C isn't appropriate for this situation at all. Option 1d doesn't fit, again, because there was a valid will. Option 1e is for trusts and I think is not the right choice because this is for a person. Option f doesn't fit because it is for bankruptcy. Option g is other.
Would this be other? If so, any suggestion on the details (or do I just state what I have stated here)? Do I use her date of death as the date of transfer of assets/date of assignment?
I am grateful in advance for any assistance you can offer.