1041 or what for Realty Trust

[taxman2003]

I have a new client whose spouse is the trustee in a realty trust with one other trustee. It was formed in 2013 in Massachusetts. There are no beneficiaries. They mange the trust themselves which consists of one rental property. The EIN letter from the IRS assumes a 1041 due on April 15th. Should I file the 1041 and issue Grantor Letters with instructions for the trustees on what should flow to their personal returns or is there another, better option?

[Burke]

There are no beneficiaries? Get the trust document. You cannot have a trust in perpetuity. Assets are held in a trust for the benefit of someone. Probably requires a 1041 and K-1's.