Guest BostonBay Posted July 16, 2005 Posted July 16, 2005 I have a client that the trustee left the company under bad feelings. He is the only trustee on the plan. It is doubtful that they can contact him and get a signiture on Schedule P. What are the options??? Help!
Bird Posted July 16, 2005 Posted July 16, 2005 Choices: 1. Don't file a Sched P. 2. Name a new trustee and get him/her to sign. Someone might argue that the new trustee can't sign because he wasn't the trustee for the year in question (2004 I assume) but I don't think that's the case...the trustee is just signing something saying he has provided all of the info to the administrator. A new trustee would have access to the information and could provide it. It's not like it's going to be challenged anyway. Ed Snyder
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