I'm sorry for your loss!
If the rental property and bond portfolio are part of the trust, then the rental income and any income from the portfolio belong to the trust. It's the trust then that distributes income to the beneficiaries. This income is then reported to the beneficiaries on a K-1, which they include in their individual returns.
For a Trust/Estate return (1041) you will need TurboTax Business. You can visit the following link to purchase the program: TurboTax Business.
TurboTax will take you through an interview to prepare the business return, similar to the personal (1040) products.
As part of preparing the 1041 return, TurboTax will prepare K-1 forms for each partner.
