Samples for declaration of trust

Question

[for shares' declaration of trust, need instrument of transfer and brought and sold notes, together with the declaration of trust, for stamp duty purpose.

For subsequent change of nominee, do not state the amount of consideration, just insert no change in ultimate beneficial owner, HK$5 only for stamping for the change in nominee]

Sample 1

Answer 1

Sample 2 - trustee and beneficiary both signed

Answer 2

Sample 3 - vehicle's trust

Answer 3

DECLARATION OF TRUST

I, [Superman], Hong Kong I.D. No. [G654321(P)], of [Superman address], declare that the motor vehicle with the following details now standing in my name does not belong to me but to [HJK Superman Limited] of [Company Address] (hereinafter referred to as “the Beneficial Owner”) and that I hold the said motor vehicle as nominee for the Beneficial Owner.

Details of the motor vehicle:

Description: [motor type]

Registration Mark: [Vehicle No.]

Chassis No.: [In your car]

Engine No.: [See your car]

Dated this DD MMMM YYYY

________________________

[Superman]

Witness

Signed : 

Name : [Supergril]

Hong Kong I.D. No. : [G654322(P)]

Answer 4

How to present shares under trust on financial statements

Normally no need to take initiative to disclose it.

Quite often, the beneficiary of the shares may have current accounts with the company. The current accounts can be named: Amounts due from/to the beneficiary of the share(s) of the company, which reflecting the true and correct view.