YES or NO: Is Trust Filing As An Estate (Section 645)

YES or NO: Is Trust Filing As An Estate (Section 645)

We cannot tell one what to do; however, most students answer "NO" and the reason is "A ยง645 election allows the executor of an estate and the trustee of a revocable trust to elect to treat the estate and the trust as one for tax purposes." The Bulletproof Trust is irrevocable.