Trusts
can be established either by oral declaration or by written
instrument. Although there are no mandatory requirements
for the written registration of a trust created under
Belize law, the advantages that registration brings would
include acknowledgement by the trustees that they have
been legally bound to the Trust. Registration secures
the trust documents in the Supreme Court Registry of Belize,
thus providing legal recognizance and acceptance of the
Trust’ existence. The Register of Trusts is not
open to inspection without the written consent of the
trustee. |