My take is that the trust kind of answer truthfully. - There are currently no safe harbor assets, no bankruptcy remote assets, etc. because they were all sold. - The proceed is either held in some Delaware trusts, and/or not paid for yet. The trust truthfully reported all money it has. It's like if I have 1M in 401K at work + IRA, i don't have to declare to the IRS until I will sell. I have money but I don't have money.