Form 56

(redirected from Forms 56)

Form 56

A form one files with the IRS to declare that a fiduciary relationship exists between the filer and an estate or trust. The form is relatively simple, requiring the name, address, and other pertinent information of the fiduciary agent. One also files Form 56 to announce the termination of the relationship. See also: Form 56-F.
Mentioned in ?
References in periodicals archive ?
Therefore, the sum of the deal forms 56 bn USD, 45.
Thus, in order to comply with the described regulations, and as a defensive step to avoid an assessment due to the failure to provide the IRS with the PR's name and address, Forms 56 should be filed for the estate and for the decedent.
In any case where a PR resigns or is removed by the court, the former PR should file Forms 56 notifying the IRS of the termination of fiduciary relationship.