Trust Registration: It is an arrangement between parties where one party owns the property for the benefit of the other party. In the trust arrangement, the following parties are involved: Creating trust and transferring property are the responsibilities of the Author/Settlor/Trustor/Donor. Secondly, there is the Trustee in whom the First party has confidence. Trusts are…
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What Are the Advantages of Registering a Trust in India?
As a general rule, a trust is an arrangement in which the asset is transferred by its owner (the settlor) to a third party (the trustee) for the beneficiaries of the asset. In order for the Trust to become a legal entity, the trustor and trustee must obtain a trust deed. By concluding such agreements,…