HotKey Website Content Management
HotKey Wedsite Content Management

Design by OceanMedia.net
Austin, Texas Banking
Legal Department

Capitol Comments
Comment Letters
Compliance Bulletins
Consumer Credit
Late Charges & Fees
Late Charges & Fees Interpretive Letter
360 Day Calendar Interpretive Letter
Home Equity
Home Equity Q&A
Home Equity LOC Q&A
Interpretive Letter
Finance Commission Resources
Legal Ease
Payroll Liens
White Papers
Year End Checklist

Forums / Message Board

IBAT
1700 Rio Grande Street
Suite 100
Austin, TX 78701
Phone: 512-474-6889
Toll Free: 800-749-4228
Fax: 512-322-9004

Contact IBAT

This page was modified on 1/17/2007
Living Trust - TIN
 
Question:  The grantors for a revocable, living trust have all died.  We were using a grantor's SSN.  Help!  What TIN do we use?  Are we in trouble?
 
Answer:  It is permissible to use the grantor's SSN on a living trust.  The trustee should get an EIN for the first taxable year after the death of the grantor(s).  That gives the trust (and the bank) a little time to get the correct TIN in place.  Remember that EINs can be obtained by fax and online.

Home Advocacy Member Center IBAT Services Publications Store Learning Contact Us
Back to Top IBAT Privacy Policy IBAT Terms of Use Printable Version of this Page

web design by OceanMedia of Austin, Texas powered by HotKey hybrid