Trust Applicants
Internal Revenue Manual Part 21. Customer Account Services · 2026-10-03 edition · updated 2026-10-04 · United States
A Trust is an arrangement created either by a will or by an inter vivos declaration by which trustees take title to property for the purpose of protecting or conserving it for the beneficiaries. The beneficiary is:
An heir
A legatee
A devisee
A trust is a legal entity created under state law and taxed under federal law. There are two different types of trusts that can be certified:
Domestic Trust
Non-Exempt Charitable Trust
A trust is a domestic trust if a court within the U.S. can exercise primary supervision over the administration of the trust, and one or more U.S. persons have authority to control all substantial decisions of the trust.
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