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When you think of estate planning, you probably think of considerations such as wills, funeral plans and what you want to leave behind for heirs. While all of those are valid considerations for your estate plan, don't forget to make plans for the years before those...
A Form 1041 is a form published by the Internal Revenue Service that provides the executors of estates or administrators of trusts the ability to report estate or trust income. Note that reporting estate or trust income is different than reporting income for a...