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Affidavit Of Trust for Indonesia

Affidavit Of Trust Template for Indonesia

An Affidavit of Trust under Indonesian law is a formal sworn declaration that verifies the existence and terms of a trust arrangement. This document, which must comply with Indonesian civil law requirements and notarial regulations, serves as official evidence of a trust's existence and the trustee's authority to act on behalf of the trust. It typically includes detailed information about the trust structure, trustee powers, and trust assets, while adhering to specific formatting and content requirements established by Indonesian legal frameworks and notarial practices.

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What is a Affidavit Of Trust?

The Affidavit of Trust is a crucial document in Indonesian legal practice, particularly when trustees need to demonstrate their authority to third parties or conduct transactions on behalf of the trust. This document becomes necessary when dealing with financial institutions, property transactions, or other situations where formal proof of trust existence and trustee authority is required. The affidavit must comply with Indonesian Civil Code requirements and be properly notarized according to Law No. 30 of 2004 on Notary Position (as amended). It serves as a simplified alternative to presenting the complete trust deed, providing key information about the trust arrangement while maintaining confidentiality of sensitive details. The document is particularly valuable in situations involving asset management, property transfers, or financial transactions where quick verification of trust status is needed.

What sections should be included in a Affidavit Of Trust?

1. Declaration and Identification: Opening statement identifying the declarant (trustee) with full legal name, address, and capacity in which they are making the declaration

2. Trust Details: Specific information about the trust including its full name, date of creation, and type of trust

3. Trustee Authority: Statement confirming the declarant's authority as trustee and the scope of their powers under the trust

4. Trust Property: General description of the trust property or assets held in trust

5. Trust Existence: Affirmation that the trust is currently in existence and valid

6. Governing Law: Statement specifying that the trust is governed by Indonesian law

7. Verification: Sworn statement verifying that all information provided is true and correct

8. Execution: Space for signature, date, and notary attestation

What sections are optional to include in a Affidavit Of Trust?

1. Beneficiary Information: Section listing beneficiaries and their interests - optional if privacy concerns exist or if beneficiaries change frequently

2. Successor Trustee Provisions: Details about successor trustees - include if there are specific succession arrangements

3. Trust Amendment History: List of any amendments to the trust - include if the trust has been modified since its creation

4. Purpose of Affidavit: Specific reason for creating the affidavit - include if being prepared for a particular transaction or entity

5. Co-Trustee Details: Information about co-trustees - include if multiple trustees exist

6. Foreign Law Compliance: Additional statements regarding compliance with foreign laws - include if trust has international elements

What schedules should be included in a Affidavit Of Trust?

1. Schedule A - Trust Property Schedule: Detailed inventory of trust assets and properties

2. Schedule B - Certified Trust Extract: Relevant excerpts from the trust deed showing trustee powers

3. Schedule C - Supporting Documents: List of documents evidencing trust existence and trustee authority

4. Appendix 1 - Identity Documents: Copies of trustee's identification documents

5. Appendix 2 - Notarial Certificates: Copies of relevant notarial certificates or authentications

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Ƶ

Document Type

Affidavit

Cost

Free to use
Relevant legal definitions
























Clauses



















Relevant Industries

Banking and Financial Services

Real Estate

Legal Services

Wealth Management

Investment Services

Insurance

Private Banking

Corporate Services

Property Development

Estate Planning

Relevant Teams

Legal

Compliance

Wealth Management

Trust Administration

Risk Management

Corporate Secretariat

Private Banking

Estate Planning

Property Management

Relevant Roles

Trust Officer

Legal Counsel

Compliance Officer

Wealth Manager

Estate Planning Attorney

Property Manager

Financial Advisor

Risk Management Officer

Corporate Secretary

Notary Public

Trust Administrator

Private Banking Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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