Does a trust have its own EIN number?
Does a trust have its own EIN number? This depends on the type of trust that you have. If you have an irrevocable trust, then it will have its own EIN number. However, you will be forced to give up control of your assets. This means that you will NOT be able to sell your assets, and full power is given to the trustee and beneficiaries, and not the settlor (or creator of the trust). People who create irrevocable trusts have trustees and beneficiaries that they trust inhere
