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Does trust accounts require ein numbers?
A bank acount that belongs to a trust as opposed to an individual sometimes (but not always) needs an EIN (Employer Identification Number) because in the eyes of the IRS the trust is an income earning and taxpaying legal entity of its own. This is not true if the trust is a "grantor" trust -- a technical term that basically means that the trust is either revocable or provides benefits for the person who established the trust. Banks will not open accounts in the name of a trust without a tax ID number -- either the grantor's Social Security number (if it is a grantor trust) or the trust's Employer Identification Number (EIN) if it is not. The IRS will issue an EIN on application of the trustee or the trustee's lawyer or accountant. The form for requesting an EIN for a trust is an SS-4 form, and it can be completed online at www.irs.gov.
The word trust translated in German?
To "trust" someone it is "das Vertrauen".A "trust" that looks after investments or escrow is called "eine Treuhand", "ein Kartell", "ein Konzern" or "ein Trust".
What is the phone number of the Stephen Phillips Trust House in Salem Massachusetts?
The phone number of the Stephen Phillips Trust House is: 978-744-0440.
When was Maryland Salem Children's Trust created?
Maryland Salem Children's Trust was created in 1979.
Can the beneficiary of an irrevocable trust open a bank account with trust's EIN?
Absolutely....All one needs is to be the trustee of the irrevocable trust, have a Tax Identification number for the trust, and all documents for the estate, investments, shares, and accounts you are planning to transfer into the Trust account.
Where is the Stephen Phillips Trust House in Salem Massachusetts located?
The address of the Stephen Phillips Trust House is: 34 Chestnut St, Salem, MA 01970
What is the EIN number for Bayada Nurses?
what is the ein number for bayada home health
What is a EIN number?
What is the employers (WestAmerica Bank) federal identification (EIN) number
What is the phone number of the Salem Museum in Salem Virginia?
The phone number of the Salem Museum is: 801-362-4678.
What is the phone number of the Salem Museum in Salem Massachusetts?
The phone number of the Salem Museum is: 978-744-0007.
How do you use an EIN number?
A EIN number is used as you would your social security number for tax purposes.
What is the phone number of the Salem Museum in Salem New Hampshire?
The phone number of the Salem Museum is: 603-890-2280.
