A Certificate of Trust, in the context of a Delaware Statutory Trust (DST), is a legal document that serves as evidence of the formation and existence of the trust. It is typically filed with the Delaware Secretary of State and contains the essential information related to the trust, such as its name, date of formation, and details of the trustee(s).
However, please note that as a detailed certificate, it does not usually include information about the beneficial owners of the trust, nor does it go into the specifics of the business operations or the purpose of the trust. Those elements are typically contained within the trust agreement, which is a separate and more detailed document.
The Certificate of Trust is part of the formalities that a DST must follow in order to be legally recognized and to enjoy the benefits that Delaware law offers for these types of entities, such as limited liability for beneficial owners, flexibility in terms of structure and operation, and a statutory framework designed to facilitate investment operations.