The Family Living Trust assets were moved into a Irrevocable trust which holds the assets until they are distributed to the beneficiaries.

I have the 706 (1999 VERSION) that is not a problem.

So of the federal return,is there a need to file a current form 706 ?

Or do I just file a 1041?

For Massachusetts I believe I file a Form M-706, based on the 1999 version of Form 706 ?

And just to make it interesting. The Trust also holds property in OREGON.

It is under the estate tax threshold. But I may need to file to get a release of any lien put in place by the State.

How do I handle the valuation of the properties in the Trust since they were mostly rental properties ?

Thank you