Our Trust Registration services help you through all the legalities and formalities of registering your trust. Not sure if you want one? Our experts are there to help you out.
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Frequently asked questions.
Registration serves to give the court jurisdiction over any disputes involving the trust -- for example, if after your death, a beneficiary wants to object to the way your successor trustee distributed the trust property.
The documents required for the Trust registration are Form 10G, Registration certificate, Trust PAN card copy, utility bill copy, NoC from the owner, Trust deed copy, bank passbook for the past three years and evidence of Progress Report and Welfare Activities.
Registration of a trust is not compulsory if a private Trust declared by a WILL even if it involves immovable property. In case of Public Trust, whether in relation to movable property or an immovable property and whether created under a WILL or inter vivos, registration is optional.
A trust can be created by execution of a trust deed; there are two types of trust. A public trust (charitable trust) is created for the benefit of the general public whereas a private trust is created for the benefit of a particular group of individuals known as the beneficiary.