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Revocable Living Trust

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    Revocable Living Trust

    This type of trust is not required to file a tax return nor pay taxes. Is this correct?
    Thanks for your help.

    #2
    Revocable living trust generally considered to be a grantor trust and income and tax reported on tax return of grantor.

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      #3
      Sounds like a grantor trust..

      which is disregard for income tax purposes. No trust return, all activity reported on the individual return of the grantor

      Doug

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        #4
        Thanks to

        both you guys. Appreciate it very much. It is a grantor trust,
        Question, how far out west are you, Out West?

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          #5
          Two days west of the Missisipi..

          in Twin Falls, Idaho.

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            #6
            Originally posted by outwest
            in Twin Falls, Idaho.
            Hey Outwest... check it out...you need a pee!

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