Quite often, first-time executors are blissfully unaware that even after death, the assets of a decedent will continue to be subject to income tax.

Not only is a decedent’s estate typically required to file a fiduciary income tax return (Form 1041) but a revocable trust that is part of a decedent’s estate plan will also typically be required to file its own fiduciary income tax return. 

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