1040 Tax Form
Trusts
Wills
Taxes
100

It is the form used by US taxpayers to file their annual income taxes return.

What is the 1040 tax form?

100

This type of trust refers to the fact that it is created when the grantor is alive.

What is a living trust?

100

This percent of Americans do not have a will.

What is 60%?

100

Minimum amount needed to earn to file a tax return?

What is $12,550?

200

This is the number of variations of the 1040 tax form there are.

What is 4?

200

This type of trust cannot be changed once established.

What is an irrevocable living trust?

200

Its purpose is to transfer property of a person who has died according to their own wishes.

What is a will?

200

This nation has the highest taxes.

What is Sweden?

300

A person or institution that manages assets or financial affairs on behalf of another.

What is a trustee?

300

One of the reasons a will is needed.

What is marriage, birth of a child, divorce or death of a spouse?