As trustee, you have a lot of flexibility in when to submit the first tax return. The first step is to pick a closing date for the trust's tax year. Suppose the grantor dies July 14. Some trusts must choose a calendar tax year ending Dec. 31. Other trusts can use a fiscal year with an ending date as far ahead as 11 months from the death. In this case, that would be June 14 of the following year.
By Wayne Dupree. Donald Trump didnât use a teleprompter either, unlike the clueless dude in the WH. â Lynn Kelly (@LoveuLynn) August 27, 2015 I want a President who speaks directly from the heart, not from a Teleprompter with a polished message. Nice work Mr. Trump! â CSWLTD (@colinweeks) August 26, 2015.
But regardless of those reservations, Trump is in office now, and his ability to make use of the nuclear codes is virtually unrestricted. Congressman Ted Lieu and Sen. Edward Markey, both Democrats, introduced a bill Tuesday that would restrict Trump's ability to start a nuclear war. The Restricting First Use of Nuclear Weapons Act of 2017 would allow the president to launch nuclear weapons only in response to a nuclear attack, not first. It would prohibit Trump from launching a nuclear strike without a declaration of war from Congress.