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Are All Estate Accounts Required To Have EIN?

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Question: 
Do all estate accounts have to have an EIN number, even if they are a non interest bearing account?
Answer: 

Yes, they do. It's easily obtained - the forms can be downloaded and faxed in most states. It's up to the executor or administrator to obtain the number, preferably before opening any accounts.

First published on BankersOnline.com 06/2/03

First published on 06/02/2003

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