We don't get a K-1; I think whoever is the Trustee gets the K-1? We just get a 1099 from the PM for our share of the trust's income/expenses.
Re the estate, it is still open, but since the property is held in trust, I think it skips the estate/probate, so wouldn't that income be reportable by us, not his estate? My wife and her sister are both officially listed as partial (1/7th) owners of the property/trust as of 2021. The PM just never updated their records to reflects their names.
Thanks for you help.
