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Trusts, Estates and Wills, IRS Form 1041

Many families have a revocable family living trust and this is normally prepared by a lawyer

When the family trust becomes irrevocable, it is like any other trust. We will discuss the main trusts that the IRS lists on Form 1041:

Simple Trust and Complex Trust

Other Trusts - Qualified Disability, QSST and ESBT, Bankruptcy, Pooled Income Fund, etc

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