Q1.Regarding Trust RegistrationWhere can a Trust be registered? A trust can be registered either offline with the appropriate authorities or online through the official Trust Registration portal. Q2.What is the procedure for registering a trust in Delhi? In Delhi, the procedure for registering a trust is as follows: 1) Select a trusted name 2) Select…
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BENEFITS OF TRUST REGISTRATION
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…