Family Trust
Navigating the complexities of asset management and family wealth protection can be challenging. Opting for a Family Trust can be the key to unlocking financial security for your loved ones and providing peace of mind. A Family Trust, in the Indian context, is a trustworthy and efficient legal framework designed to manage, protect, and distribute your assets in a way that best serves your family’s interests.
In addition to offering an organized and disciplined approach to asset management, Family Trusts allow for flexibility in meeting the changing needs and circumstances of your family members. These trusts may also potentially provide tax advantages, enhancing the benefits to your beneficiaries.
Above all, the greatest advantage of establishing a Family Trust is the assurance that the wealth you have worked so hard to accumulate will be appropriately distributed. With a Family Trust, you are not just planning for the present but also ensuring the future well-being of your family.
Secure your family’s future with our Family Trust services, tailored to your needs:
- Protect your assets efficiently and securely.
- Maximize beneficiaries’ benefits with potential tax advantages.
- Experience peace of mind with our expert-guided Family Trust setup.
Why Choose a Customized Will?
✅ Personalized Estate Planning: Address complex family or asset scenarios.
✅ Special Provisions: Include detailed instructions for trusts, guardianship, or charitable donations.
✅ Expert Guidance: Backed by senior legal professionals with years of experience.
✅ Legally Binding Document: Error-free and drafted with precision to ensure compliance with legal standards.
How to Get a Customized Will Drafted
1.Drafting the Trust
Our legal experts draft a comprehensive Trust Deed.
2.Registration Appointment
An appointment is scheduled for the registration process.
3.Trust Registration
The Trust is registered at the Sub-Registrar’s office.
Contents of a Trust
- Trustee: The individual(s) or entity in charge of managing the trust.
- Settlor: The person who establishes the trust.
- Beneficiaries: The individuals who will benefit from the trust.
- Terms and Conditions: Outlines the instructions for asset management and distribution.
- Assets: Can include immovable property, stocks, bonds, or cash.
Benefits of Registering a Family Trust
Asset Protection
Safeguards assets from liabilities, creditors, and legal claims.
Protection of Minors
Holds property for minors or others unable to manage assets themselves.
Avoidance of Probate
Eliminates the need for probate on trust assets after the settlor’s demise.
Control After Demise
Ensures your wealth is utilized as per your wishes even after your death.
Prerequisites for Drafting a Family Trust
Trust Deed
The foundational document including all details of the trust.
Identification Proof
Aadhaar card, Passport, Voter ID, or Driving License of the settlor and trustees.
Photographs of Trustees
Recent passport-sized photographs.
Stamp Duty and Registration Fee
Payment receipt for the applicable charges.
Declarations
Signed declarations from the settlor and trustees.
Proof of Property
Ownership proof for any assets in the trust.
Deliverables of Express Will
Guidance to understand your specific needs and benefits.
Assistance with paperwork and Trust Deed registration.
Frequently asked Questions
A Family Trust is a legal entity created to hold assets for the benefit of specific family members, aimed at protecting wealth and ensuring financial security.
The key roles include the settlor (creator), trustees (managers), and beneficiaries (recipients).
While not mandatory, registration ensures legitimacy and legal security.
A Trust Deed, ID proofs, property proof, and payment of stamp duty are essential.
To protect assets, plan taxes, and ensure financial security for future generations.
Registration Process
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