3 attorney answers Posted on Sep 18, 2014 First of all, you never HAVE to provide your social security number to the trustee. The CPA will need your social for K1 purposes.
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Dec 25, 2017 · Should a living trust have the social security number of the grantors listed in the document? Lawyer directory. Find a lawyer near you. Avvo has 97% of all lawyers in the US. Find the best ones near you. ... Find a lawyer by practice area. Start with your legal issue to find the right lawyer for you. Choose an area of law that your issue ...
An individual shall not be denied any right, benefit, or privilege provided by law by a component because of such individual 's refusal to disclose his social security number. (b) Exceptions. The provisions of paragraph (a) of this section shall not apply with respect to: (1) Any disclosure which is required by Federal statute, or. (2) The disclosure of a social security number to any …
Jul 10, 2012 · Attorneys are not supposed to disclose personal information such as social security numbers. Make a formal complaint with the state bar association.
Sep 13, 2014 · 3 attorney answers. First of all, you never HAVE to provide your social security number to the trustee. The CPA will need your social for K1 purposes. If the trust was income producing and filed taxes yet the trust elected to pay the …
First of all, you never HAVE to provide your social security number to the trustee. The CPA will need your social for K1 purposes. If the trust was income producing and filed taxes yet the trust elected to pay the taxes, typically there would be no need for socials.
I agree with Mr. Simpson and these facts don't seem correct. I would advise you to take your documents to a trust attorney in your area: Go to AVVO.com, find a lawyer and put in the specialty area and your geographic location and attorneys should pop up. You can call a few and see about prices and availability.
If you are not a beneficiary of the trust there is no reason the trustee needs your SSN. However, it sounds like you may be a beneficiary but the trustee is taking the position you are "disqualified". You need to consult with an attorney about the trustee's position, especially in light of the trustee's demand for your SSN.
You don't have to give your SS#, but more than likely, if you don't, the other side will ask the Court to order you to and if you don't comply with the judge's order, the judge is likely to kick your case out of court. The other side is allowed to discover anything that could likely be admissible in the case. Presuming you have an injury case, almost all your medical records will be indexed by SS# and they will need the number to get those records. Your income records will be indexed that way too. The other side is entitled to get those records if you are claiming injuries and lost income. Good luck.
No, it is not illegal. A person can ask for anything, but whether the attorney can force you to produce the information is a different question. Since you want to know if an attorney can ask, the answer is yes he or she can ask. It is legal also for the lawyer to have you ask questions over the phone as well.
Verify an individual’s identity, identify an individual, or accomplish a similar administrative purpose related to a current or proposed account, transaction, product, service, or employment; Investigate an individual’s claim, credit, criminal, or driving history; Detect, prevent, or deter identity theft or other crime;
The New York law applies to a “Social Security Account Number” (“SSAN”), which is defined as “includ [ing] the number issued by the federal Social Security Administration and any number derived from such number. Such term shall not include any number that has been encrypted.”. [17] Therefore, in order to reduce the risk ...
You’re probably curious why they want your social security number so much. Here’s the secret. They want to dig deep in your past, plus continue to track you moving forward into the future. If you think that sounds intrusive, you’re right. It sure is!
An insurance company wants to minimize your claim and pay you as little as possible, so they’re eager for any ammunition to use against you. If your social security number leads to medical treatment for prior injuries, for example, that’s extremely valuable information to them. Now they can try to blame all your pain on a pre-existing condition.
After a personal injury, contact the attorneys at Sally Morin Personal Injury Lawyers. We handle many areas of the law, including personal injuries in severe car accidents. We believe you should be able to focus on recovering while we handle the legal details.
A revocable living trust does not normally need its own TIN (Tax Identification Number) while the grantor is still alive. During the grantor's life, the trust is revocable and taxes are paid by the grantor as an individual, using the grantor's SSN (Social Security Number).
You can be the trustee of your own living trust, keeping full control over all property held in trust. To learn more about serving as a trustee, see Nolo's The Trustee's Legal Companion. A "living trust" (also called an "inter vivos" trust) is simply a trust you create while you're alive, rather than one that is created at your death.
Property you transfer into a living trust before your death doesn't go through probate. The successor trustee—the person you appoint to handle the trust after your death—simply transfers ownership to the beneficiaries you named in the trust.
In many cases, the whole process takes only a few weeks, and there are no lawyer or court fees to pay.
Yes, you do—and here's why: A will is an essential back-up device for property that you don't transfer to yourself as trustee. For example, if you acquire property shortly before you die, you may not think to transfer ownership of it to your trust—which means that it won't pass under the terms of the trust document.
A will is an essential back-up device for property that you don't transfer to yourself as trustee. For example, if you acquire property shortly before you die, you may not think to transfer ownership of it to your trust—which means that it won't pass under the terms of the trust document.
A simple probate-avoid ance living trust has no effect on state or federal estate taxes. Keep in mind that for deaths in 2021, only estates worth more than $11.7 million will owe federal estate tax. This means that very few people have to worry about this tax. This exemption amount will increase with inflation.