An Affidavit of Trust is commonly required in Pakistan when there is a need to formally verify or prove the existence and details of a trust arrangement to third parties. This document becomes necessary in various situations such as opening bank accounts, conducting property transactions, or dealing with government authorities on behalf of the trust. The affidavit must comply with Pakistani trust law, particularly the Trust Act 1882, and needs to be properly executed before authorized officials. It typically contains detailed information about the trust's creation, its trustees, beneficiaries, assets, and governing provisions. The document serves as a sworn statement that can be relied upon by third parties who need to verify the trust's existence and the authority of its trustees. Common uses include banking transactions, legal proceedings, asset transfers, and establishing the trustee's authority to act on behalf of the trust.
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1. Title and Introduction: Identifies the document as an Affidavit of Trust and introduces the affiant with full legal name and address
2. Verification Statement: Formal statement confirming the affiant's identity, age, and competency to make the affidavit
3. Trust Identification: Details of the trust including its official name, date of creation, and registration information
4. Trustee Declaration: Affirmation of the affiant's role as trustee and authority to make statements about the trust
5. Trust Details: Essential information about the trust structure, including purpose, type, and governing provisions
6. Trust Property: Description of the assets held in trust and their current status
7. Beneficiary Information: Details of the trust beneficiaries and their respective interests
8. Trustee Powers: Overview of the powers granted to the trustee(s) under the trust
9. Attestation: Formal sworn statement confirming the truth of the contents
10. Execution Block: Space for signature, date, and notary attestation
1. Co-Trustee Declarations: Required when there are multiple trustees who need to make joint declarations
2. Trust Amendments: Included when there have been modifications to the original trust deed
3. Successor Trustee Provisions: Details about succession of trustees, included when relevant to the purpose of the affidavit
4. Special Conditions: Any unique or special provisions of the trust that are relevant to the purpose of the affidavit
5. Foreign Asset Declaration: Required when the trust holds assets in foreign jurisdictions
6. Shariah Compliance Statement: Included when the trust needs to declare compliance with Islamic law principles
1. Schedule A - Trust Property Inventory: Detailed listing of all assets currently held in the trust
2. Schedule B - Beneficiary Details: Complete information about beneficiaries including contact details and share specifications
3. Schedule C - Supporting Documents: List of referenced documents including trust deed, amendments, and relevant correspondence
4. Appendix 1 - Identity Documents: Copies of trustee's identification documents and authority proof
5. Appendix 2 - Trust Registration Documents: Copies of trust registration certificates and related official documents
6. Appendix 3 - Asset Documentation: Copies of title deeds, certificates, or other proof of trust assets
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