Question #8: When do I declare this on my taxes?
If you mean to ask “When can I recognize this loss?” then please bring this to the attention of your tax advisor. The notice of your beneficial interest is to inform you of the valuation of the beginning interest you have in the trust. If you haven’t yet taken a loss on your investment, this letter may be useful in establishing a loss. Please consult your tax advisor as to whether you are allowed a tax deduction and, if allowed, the proper computation of the amount you can deduct.