Do I really need a new Tax ID # and if so what about Sec. 645?

by Jodi
(Lancaster, CA)

My mother recently passed, had a Living Trust and I'm the Trustee. I've been told I need a new Tax ID # so her investments can be sold to be divided among beneficiaries. She only has about $35,000 in investments. When I went to IRS Form SS4 to get the new Tax ID #, it asks "Trust filing as an Estate under Sec. 645~Check if yes"~Do I check yes? I've also been told I don't NEED the new ID #. What happens if I don't get one?

Comments for Do I really need a new Tax ID # and if so what about Sec. 645?

Average Rating starstarstarstarstar

Click here to add your own comments

Jan 31, 2012
I don't know
by: Mo

Sorry, but I don't know. You could trying calling the IRS to ask them. But, your best bet is to talk to an experienced local CPA or tax attorney about it. It may be there's a different/better way to do it.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Living Trust Question.

Like This Site

Subscribe to
Free Living Trust Information

Your E-mail Address

Your Name


We keep this private.

Follow the Living Trust Blog

Like this Page

Visit Our Social Pages

Become a Fan of Free Living Trust Information on Facebook Follow FreeLivingTrustInformation on Twitter Follow FreeLivingTrustInformation on Google+ Subscribe EstatePlanningHub Video on YouTube

Get a PDF version of this website and its sister site here.