@GSTgst wrote:
Should I be creating a K-1 for myself for receiving the Trust Administrator fee?
No, only beneficiaries of the trust receive K-1s for their shares of the income, gain, deductions, credits, etc., and trustees, whether beneficiaries or not, do not receive a K-1 for any fees paid by the trust to them for their services as trustees.
If the fees are $600 or more, then the trust may be required to issue a 1099.
