gifting share from a trust with 2 trustees

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sixty40
Posts: 337
Joined: Sat Dec 06, 2014 10:53 am

gifting share from a trust with 2 trustees

Post by sixty40 »

We have a revocable living trust with both my wife and I as co-trustees, the acct is under my social security (SS) number.
If we gift stock/fund shares from the trust, would the IRS consider this gift as coming from both of us (since we are both trustees) or just from me since the trust is under my SS.

Thanks.
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