I guess this is aimed at the lawyers out there.
Is it legal to own, in a trust or otherwise, U.S. legal tender? Or is the word hold more relevant?
Backlash,
I'm not a lawyer nor giving advice. Therefore, you can take this as just what worked for me and what was required of me by state law.
My (old) state doesn't/didn't require a trust to be funded for it to be valid so any mention of schedules or exhibits was left out of it. Therefore, when I submitted my past ATF form 1, I never sent in any attachments with the declaration of trust because (1) nothing was in it and (2) it was never amended or changed. However, I have since changed a few things and added some real property. So, I do keep track of what is in the trust when I add more firearms, stocks, property, etc. with a "Schedule of Trust Assets". When I submit an application for a new silencer I plan on purchasing, I will include an amendment and the new schedule. It doesn't need to be called a schedule A, it can be called whatever is referenced in the trust documentation itself. However many people use Schedule A but in reality it doesn't mean a damn thing.
Your mileage may vary. It is all very dependent on what the state where it was created has in its laws/statutes.
Good Luck.