legal award settlement required to file tax

as trustee,I have received an award settlement (14K) payable to the trust which filed a final return 1041 3 years ago....the award settlement was based on proving heirship to the deceased  and I am one of 3 beneficiaries that are heirs ....do I even need to file taxes since it is inherited ..or can I just distribute it.....I deposited the check into the trust acct which is not accruing any interest and that I planned to close...