

How would the point be selected so that the triangle formed
by the top of the sheet and the two slant creases is the same
area as each of the lateral trapezoids?
First, get some sheets of paper and do some folding to
get a feel for the problem. We can make a fold across any two
points and a point is certainly indicated where two creases cross
or where a crease intersects an edge of the paper.
Folds can be used to bisect a line segment. Like, the bottom of the page is a line segment. We can fold corners of the page to form a crease that is the perpendicular bisector. Proof?
Second, folding to trisect a line segment (e.g. folding the paper into thirds) is probably a guessing game. If you claim it is a "folding" construction you should have a proof that the fold trisects the segment (exactly, not approximately).
Third, of course you will want to switch to a line drawing representation for analysis and proof at some point. Use similarity concepts to show an exact folding construction for the desired configuration.
How is the problem changed if the first fold is horizontal at the middle of the page?