I know it sounds strange, but I thought I read somewhere that if you were turned into a toad you did not have to drop your trinkets. Anyone else read this?

No. Trinkets do not count towards your carrying capacity, but they are still Objects and must be dropped when you are turned into a Toad.

Thank you, Harbourmaster, I do not know why I thought I had read it, but I have since gone through all of the rules of all of the editions of Talisman and reread all the articles, Q&A's and still could not find it. So I appreciate your input. I agree. A toad cannot carry. Thanks!