Trust Account Fein Selection
Summary
When applying for a FEIN for a trust in Michigan, typically select Irrevocable Trust. For an estate, choose Estate. Consult a local attorney or the IRS for specific advice.Full Conversation
i have a trust question
Hello Stacey Rosen, I'd be glad to help with your trust-related query. Could you please provide more details about your situation and the state you are located in?
my father passed away. i have to apply for a FEIn to set up - trust account and the i am not sure what kind i have to pick on drop down
Hello Stacey Rosen. I'm sorry for your loss. When applying for a FEIN for a trust, typically you would select "Estate" or "Irrevocable Trust". However, laws vary by state. Could you please provide your location?
michigan
Hello Stacey Rosen, based on your location in Michigan:
- For a trust, you typically select "Irrevocable Trust" when applying for a FEIN.
- For an estate, select "Estate".
- For the correct selection, consult a local attorney or the IRS for specific advice.