Thanks for your reply.  Yes, in fact is considered income in respect of a decedent. 

I am looking for assistance as to how to treat it/where to report it on the 1040.   I already checked the IRD rules but does not specify where/how to report this particular scenario.

My main issue is not knowing how to report it as funds are being reported on a 1099-Misc and is not earned nor taxable income.