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Le file GRAPHIC print DO NOT PROCESS Form990PFAs Filed Data DAN:93491254005128 BOMB No 15450052Return of Private FoundationDepartment of the Treason Internal Re venue SER ice2017or Section 4947(a)(1)
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What is bridges trust?
Bridges trust is a type of financial trust that allows individuals to transfer assets to beneficiaries while minimizing estate taxes and avoiding the probate process.
Who is required to file bridges trust?
Individuals who have set up a bridges trust as part of their estate planning are required to file the necessary paperwork and report any income generated by the trust to the IRS.
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To fill out a bridges trust, individuals must provide information about the trust's assets, beneficiaries, and trustees. This information is typically included on trust documents prepared by an estate planning attorney.
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The purpose of bridges trust is to help individuals pass on their wealth to future generations in a tax-efficient manner and ensure that their assets are distributed according to their wishes.
What information must be reported on bridges trust?
Information such as the trust's assets, income, distributions, and beneficiaries must be reported on bridges trust documents.
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