Applying for EIN for Revocable Trust After Death

Why Apply for an EIN for a Revocable Trust After Death?

After the death of a grantor, a revocable trust becomes irrevocable, and it’s essential to obtain a new Employer Identification Number (EIN) for tax purposes. Acquiring an EIN ensures that the trust assets are correctly managed and that the trust meets its tax obligations. But how do you go about applying for an EIN for a revocable trust after death?

How to Apply for an EIN: The Process

Applying for an EIN isn’t as complicated as it may seem. Just follow these simple steps:

Step 1: Gather Necessary Information

To apply for an EIN, you’ll need the following information:
Name and Social Security Number (SSN) of the deceased grantor
Name and Taxpayer Identification Number (TIN) of the trustee
Trust name and address

Step 2: Choose a Method of Application

There are three ways to apply for an EIN:

Online Application

The easiest and fastest method is applying online at the IRS website. The system will guide you through the process, and you’ll receive the EIN immediately upon completion.

Fax Application

You can also apply by faxing a completed Form SS-4 to the IRS. Include a return fax number, and you should receive your EIN within four business days.

Mail Application

Lastly, you can mail a completed Form SS-4 to the IRS. This method is the slowest, taking up to four weeks to receive your EIN.

Why Choose Hess-Verdon & Associates for Trust and Probate Litigation

When dealing with trust and probate litigation, it’s essential to have a knowledgeable and experienced legal team by your side. Here’s why Hess-Verdon & Associates is your best choice:

Unparalleled Estate Planning Expertise

Dependability and Sophistication

Hess-Verdon & Associates are renowned for their dependability and sophistication in trust and probate litigation. We provide comprehensive services to trustees, beneficiaries, business entities, and real estate partners.

Over Three Decades of Experience

With over 30 years of experience in estate planning, business, and commercial litigation, our team has extensive background in trial preparation, strategy, and presentation. We are committed to delivering results-oriented legal counsel that meets your unique needs.

Conclusion

Applying for an EIN for a revocable trust after death is a crucial step in managing the trust’s assets and meeting tax obligations. With the right information and method, the application process can be smooth and hassle-free. Trust the experts at Hess-Verdon & Associates to guide you through this process and provide the support you need. Call us today at 1-888-318-4430 to discuss your trust and probate litigation needs.

FAQs

1. What is an EIN, and why is it necessary for a revocable trust after death?

An EIN is an Employer Identification Number used for tax purposes. After the death of a grantor, a revocable trust becomes irrevocable and requires a new EIN to manage assets and meet tax obligations.

1. How long does it take to receive an EIN after applying?

The time to receive an EIN varies by the method of application. Online applications are the fastest, with immediate issuance upon completion. Fax applications take up to four business days, while mail applications can take up to four weeks.

1. Can I apply for an EIN for a revocable trust after death on behalf of someone else?

Yes, you can apply for an EIN on behalf of someone else, as long as you have the necessary information, such as the deceased grantor’s name and SSN, and the trustee’s name and TIN.

1. Why should I choose Hess-Verdon & Associates for trust and probate litigation?

Hess-Verdon & Associates offers unparalleled estate planning expertise, dependability, sophistication, and over three decades of experience. Our team is committed to delivering comprehensive, results-oriented legal counsel tailored to your unique needs.

1. How can I contact Hess-Verdon & Associates for assistance with my trust and probate litigation needs?

You can call Hess-Verdon & Associates at 1-888-318-4430 to discuss your trust and probate litigation needs and receive expert guidance throughout the process.