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Trust Sale Road Map

Tips to help Successor Trustees navigate toward a smooth close of escrow

Trust Sale Road Map

Trust Sale Road Map

Verify Trust name and Successor Trustee roles for pertinent forms.

Obtain certified copies of death certificates.

Obtain the estate tax ID. Click here for more info

Consult with a Tax Professional for assistance in completing the tax forms.

Prepare to submit a copy of the Trust and Trust Certification Form.

Confirm the Trust bank account details such as routing and account numbers.

After Closing

Your final closing statement (from escrow) and 1099-S will be required to file the estate tax return.

Expect to receive an unsecured tax bill for the stepped up basis of the property taxes. The period is the time of passing through the date of closing.

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