Estate and Final Year K-1

[sali]

I am working on an estate tax return, final year. There are capital losses (small-$1,800) and excess deductions (attorney, accounting). The will stated that two children would get 1% each of the "probate estate", that specific charities would receive certain defined amounts and that the rest of the money was to be put in trust for grandchildren. On the final K-1s does the trust that is being created get a K-1 for the capital losses and excess deductions (98%) or do these two items get split 50/50 between the two 1% beneficiary children?

Thanks, Sandy