Do I need to file a separate tax return for my trust?
Posted in Living Trusts on Jun 11th, 2009
Not while it’s fully revocable, you don’t. While your living revocable trust remains fully revocable, everything in the trust is yours – real property in the name of a trustee, trust bank accounts, shares of stock held by a trustee, etc. Because you retain full control of the assets, the income from trust property is [...]