What is the name of your state (only U.S. law)? Tennessee
My mother left an irrevokable trust for the proceeds from the sale of her house to be distributed when the house was sold. The house was sold and closed on Monday, 10/11/2010. My sister is the one in charge and was told she needed to get a tax i.d. before splitting the proceeds. How long does she have to do this and how long does she have to distribute the proceeds?
My mother left an irrevokable trust for the proceeds from the sale of her house to be distributed when the house was sold. The house was sold and closed on Monday, 10/11/2010. My sister is the one in charge and was told she needed to get a tax i.d. before splitting the proceeds. How long does she have to do this and how long does she have to distribute the proceeds?