Should the Rental Income Be Included for Distribution in Trust

[acip4u]

My question involves estate proceedings in the state of: CA
Trustor has passed away 11/2010 the remaining co-trustee's have rented out the house that in in the trust, does that count as income to the trust estate? They are about to distribute the assests and my wife gets her share of 25%. So should that amount of rent be included and be divided among the 4 beneficiaries with 25% going to all 4 including my wife who is a beneficiary in this trust?

[Mr. Knowitall]

Okay... So basically you are stating that the trust has held the house for three months, and that the trustees have been renting a house held by the trust and thus owe rent money to the trust. The rent they pay into the trust belongs to the trust and, once expenses and obligations are paid, is distributed per the terms of the trust just like any other money or asset held by the trust.