March 2015 Archives

Do I need a Tax Id. or EIN number for my Trust?

Clients often ask their estate planning attorney whether they need a federal Tax Id. (also known as an EIN) number for their Trust. In fact, clients commonly run into third parties, such as bank representatives, who ask what the Tax Id. number is for their Trust. 

In Florida, do courts normally oversee Trust administration?

Unlike probate, Florida courts do not automatically oversee or get involved in Trust administration. Instead, they usually only get involved when an interested person invokes the court's jurisdiction relating to an issue involving the Trust.

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