Trust ownership of S corporation stock comes with strict eligibility rules. When a trust has multiple potential beneficiaries, failing to make the proper election can jeopardize the corporation’s S status. Clients are often unaware that an Electing Small Business Trust (ESBT) election is required to remain compliant. You can help ensure nothing is missed with our free, filing-ready ESBT election template.

This resource provides a complete election template under IRC §1361(e), including required certifications, party identification, and trustee acknowledgment. Clients who understand when and how to make an ESBT election are better prepared to preserve S corporation eligibility, avoid costly terminations, and seek your guidance before issues arise.