CHAPMAN AND CUTLER LLP
                     111 WEST MONROE STREET
                    CHICAGO, ILLINOIS  60603



                       September 27, 2005




First Trust Portfolios, L.P.
1001 Warrenville Road
Lisle, Illinois  60532


     Re:                        FT 1047

Gentlemen:

     We  have served as counsel for First Trust Portfolios, L.P.,
as  Sponsor  and  Depositor of FT 1047  in  connection  with  the
preparation,  execution and delivery of a Trust  Agreement  dated
September  27,  2005  among  First  Trust  Portfolios,  L.P.,  as
Depositor,  The  Bank  of New York, as Trustee  and  First  Trust
Advisors L.P. as Evaluator and Portfolio Supervisor, pursuant  to
which the Depositor has delivered to and deposited the Securities
listed in Schedule A to the Trust Agreement with the Trustee  and
pursuant  to which the Trustee has issued to or on the  order  of
the Depositor a certificate or certificates representing units of
fractional  undivided  interest in  and  ownership  of  the  Fund
created under said Trust Agreement.

     In  connection  therewith, we have examined  such  pertinent
records  and  documents  and matters of law  as  we  have  deemed
necessary  in  order  to  enable  us  to  express  the   opinions
hereinafter set forth.

     Based upon the foregoing, we are of the opinion that:

     1.   the  execution and delivery of the Trust Agreement  and
the  execution and issuance of certificates evidencing the  Units
in the Fund have been duly authorized; and

     2.   the certificates evidencing the Units in the Fund  when
duly  executed and delivered by the Depositor and the Trustee  in
accordance   with   the  aforementioned  Trust  Agreement,   will
constitute  valid  and binding obligations of the  Fund  and  the
Depositor in accordance with the terms thereof.

     We  hereby  consent  to the filing of  this  opinion  as  an
exhibit  to  the  Registration Statement  (File  No.  333-128010)
relating  to the Units referred to above, to the use of our  name
and  to  the reference to our firm in said Registration Statement
and in the related Prospectus.


                                  Respectfully submitted,


                                  CHAPMAN AND CUTLER LLP
EFF:arr