How set up Tax ID for trust-section 645??
Simple question-I hope. Mother just died (father died years ago).
I need to set up a tax ID for the Trust for my mother (deceased).
In setting up a tax id # for my mother as Grantor and myself as executor, I am not sure if I should check box for section 645. It says once you check it, you cannot revoke it.
This box is found on the IRS tax id creation website.
Thanks for any help if you know how I should best proceed.
Sincerely
Peter
Simple question-I hope. Mother just died (father died years ago).
I need to set up a tax ID for the Trust for my mother (deceased).
In setting up a tax id # for my mother as Grantor and myself as executor, I am not sure if I should check box for section 645. It says once you check it, you cannot revoke it.
This box is found on the IRS tax id creation website.
Thanks for any help if you know how I should best proceed.
Sincerely
Peter