Financial & Tax Questions

• How does having a revocable living trust affect my taxes?
• What is my trust EIN number?
• Are there any tax repercussions for creating a revocable living trust?
• Are there any tax repercussions for creating a Medicaid Asset Protection Trust (MAPT)?
• Do I need to file taxes for my revocable living trust?
• Do I need to file taxes for my Medicaid Asset Protection Trust?
• What is the financial threshold for when my estate becomes taxable?
• How does having a Medicaid Asset Protection Trust affect my taxes?
• Do I need an EIN (Tax ID) number for my trust? How do I find it?