TFN for a Testamentary trust.

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GabbyATO · Answer

A testamentary trust is a seperate entity to a deceased estate, and as such needs a TFN of its own. However, you'd only need an ABN if you're conducting business with the trust. You can check your eligibility for an ABN here (https://www.abr.gov.au/business-super-funds-charities/applying-abn/abn-entitlement). You can apply for your trust TFN using the TFN application for a deceased estate (https://www.ato.gov.au/Forms/TFN-application-for-a-deceased-estate/). You would select 'deceased estate' as the type of entity you're registering for. For some general information about what is required for a testamentary trust you can have a look at our information on estate planning (https://www.ato.gov.au/Business/Privately-owned-and-wealthy-groups/Tax-governance/Tax-governance-guide-for-privately-owned-groups/Estate-planning/#Testamentarytrust).

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