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Are All Estate Accounts Required To Have EIN?

Answered by: 
Barbara Hurst

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

Filed under: 
Operations
Filed under operations as: 
EIN
Estate
Interest

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