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PLATINUM

7500/-

  • inclusive of Government Fees

Trust Registration

A Trust may be formed for Charitable or Religious purpose. A Charitable Trust is created for the purpose of the benefit of the general public or mankind. This kind of trust can be formed by an individual who loves doing such things and not a minor.

A public charitable trust is usually floated when there is property involved, especially in terms of land and building. The basic instrument of trust is the trust deed, wherein aims and objectives of trust are defined. A trust needs a minimum of two trustees; there is no upper limit to the number of trustees. The trust is managed by trustees.

Benefits of Trust Registration

REDUCE ESTATE AND GIFT TAXES

It would be easy to avoid many hassles, cost and lack of privacy concern this way by keeping certain property out of your probate estate.

ESTATE PROTECTION

This is the one of the effective way to protect your property.

FLEXIBILITY AND CONTROL

The settlor will retain flexibility and control over the structure. The settlor has the power to add or remove beneficiaries and can even deicide in what proportion the distribution is to be made to the beneficiaries.

FREQUENTLY ASKED QUESTION

HOW TO FORM A “TRUST” ?

A trust can be formed for charitable or religious purpose. The basic document for registration of trust is its trust deed. The trust should be clear and unambiguous.

As per Indian Trusts Act 1882 and rules made thereunder a trust may be formed for Charitable or religious purpose.

A trust can be cancelled on the following grounds as contained in Indian Trust Act 1882: Trust can be cancelled at the will of the trustees.

Yes, Amendments Can Be Made Through Supplementary Trust Deed.

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