Business Setup

Tax & Compliance

Trademark & IP

Documentation

Others

user-login
Consult an Expert

Consult an Expert

Right Arrow
Business Setup

Business Setup

Right Arrow
Tax & Compliance

Tax & Compliance

Right Arrow
Trademark & IP

Trademark & IP

Right Arrow
Documentation

Documentation

Right Arrow
Others

Others

Right Arrow
More

More

Right Arrow

Login

attention

Attention: File MGT 7/7A by Nov 29 to stay penalty-free! Talk to our expert

logo

3 Lakh+

Businesses Registered

logo

5 Lakhs+

Happy Customers

FAQ's on Private Trust

To create a private trust, a written non-testamentary instrument must be used. This instrument must be signed either by the author of the trust or the trustee, and it must be registered to be considered valid.
A private trust is established to benefit one or more individuals who are either already identified or will be identified within a certain time frame. If the trust is created for the benefit of family members, friends, or other specific individuals, it is classified as a private trust.
The beneficiary of a private trust includes the family members, relatives, friends, etc.

A trust ceases to exist:

  • When the purpose of the trust is completely fulfilled; or
  • When the trust indulges in unlawful activities or
  • When the trust has been expressly revoked.
Any person, who is a major or minor, not legally insane, insolvent, may establish a trust. However, permission from a court is required for a minor to create a trust.

Trusted by 400,000 clients and counting, including …

startup
springboard
oyo
chakra
dbs
uber
ficci
ap-gov