A large amount of natural gas and oil sits beneath the oceans, and as we surpass peak oil, their skills and new technologies are essential. Oil and gas extraction employs some 22% of marine geologists. Some 17% of Earth scientists work in engineering services. For marine geology, this will often be in the siting and design of offshore oil and gas rigs.
Would I request the 645 election? How do I know if it is a qualified revocable trust? If you become successor trustee prior to the death of the grantor (due to incapacitation or disability), then you will not need to obtain an EIN (employer identification number) for the revocable living trust.
A trust is a legal arrangement that allows property to be held for the benefit of a named beneficiary. There are a variety of trusts that can fit almost any legal purpose. However, if a trust is not a grantor trust or the trust is created by two or more people, you will need to set up a tax identification number for the trust. A grantor trust is a living revocable trust in which the grantor maintains control of the trust and is the primary beneficiary.