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everybody gets Paul youamp;#39;ll give ideas from Kerry state planning back with another video is part of our 2020 video challenge and weamp;#39;re continuing on our theme of estate administration and personal representative responsibilities and authorities and today I want to talk about obtaining an EIN on behalf of the estate so an EIN is a federal employer identification number some people also call it a TI n or a tax identification number and the purpose of this is to basically attribute income to the estate to the extent an estate receives income and then to also open accounts in the name of the estate and so one of the first things that an executor or administrator will do after they receive letters from the court giving them that authority will be to open an estate checking account and in order to do that the bank needs to be able to attribute income or interest in that account to a taxpayer or a tax filer and so thatamp;#39;s the the point of the ein is to basically
