I would like to know how the court goes about determining the assets which are held in a trust. Is the declaration of trust assets and liabilities on the trust's tax return, along with the relevant accounting and trust resolutions, satisfactory? Is there anywhere else that a trusts assets need to be declared (e.g. master of high court)?
Declaration of trust assets
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I think the transaction has to be notarised.
From there, just maintain an asset register.Participation is voluntary.
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