Patrick Devine on EIN Trusts The Difference Between The Estate EIN and the 98 EIN To obtain an estate EIN, one’s social security is required whereas for the 98 EIN, the social is not required by no means. The estate EIN typically starts with 81, 82 or 83 and is for your STRAWMAN (hence, the word ‘estate’). The foreign 98 EIN starts with 98. The 98 EIN is called a ‘foreign grantor’ trust because you are creating that 98 EIN as a Trust where you take Trusteeship

on

 



Patrick Devine on EIN Trusts

The Difference Between The Estate EIN and the 98 EIN

To obtain an estate EIN, one’s social security is required whereas for the 98 EIN, the social is not required by no means. 

The estate EIN typically starts with 81, 82 or 83 and is for your STRAWMAN (hence, the word ‘estate’). 

The foreign 98 EIN starts with 98. The 98 EIN is called a ‘foreign grantor’ trust because you are creating that 98 EIN as a Trust where you take Trusteeship



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