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Should the fiduciary keep beneficiaries informed of ongoing proceeding? Refuse to answer or speak to the family?
Matthew's answer
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Answered on September 27, 2013
If you are not a current beneficiary of trust estate (meaning you only receive something someday down the road if the current beneficiary dies),...
Do I need to file a tax return for the trust in its final year?
Matthew's answer
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Answered on September 26, 2013
You must final a Form 1041 tax return whenever a trust has gross income in excess of $600. If a return is intended to be a final 1041, it would be...
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