Legal Question in Wills and Trusts in New York
Deceased brother had an injury suit pending. as administrator i settled. attorney deposit check and is writing another one to the estate. do i have to file for a tax id? check is under $1500
Asked on 8/07/18, 3:15 pm
1 Answer from Attorneys
Richard Bryan
Richard Bryan Attorney PC
You're going to have to deposit the check into a bank account in the name of the estate, and to open the bank account the bank is going to want a tax id number for the estate. So the answer to your question is yes.
Good luck.
Answered on 8/07/18, 3:52 pm